Slovakia: Safes And Strongboxes Market 2025

Safes And Strongboxes Market Size in Slovakia

In 2021, the Slovak safes and strongboxes market was finally on the rise to reach $X after three years of decline. Overall, consumption saw a measured expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Safes And Strongboxes Production in Slovakia

In value terms, safes and strongboxes production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production, however, showed a abrupt curtailment. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Safes And Strongboxes Exports

Exports from Slovakia

After three years of decline, shipments abroad of safes, strongboxes and doors of base metal increased by 58% to X tons in 2021. Overall, exports, however, continue to indicate a noticeable curtailment. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, safes and strongboxes exports skyrocketed to $X in 2021. Over the period under review, exports, however, recorded a relatively flat trend pattern. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The Czech Republic (X tons), Austria (X tons) and Germany (X tons) were the main destinations of safes and strongboxes exports from Slovakia, with a combined 68% share of total exports. Switzerland, Italy, the Netherlands, the UK, Hungary, Belgium, Serbia and France lagged somewhat behind, together accounting for a further 24%.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +14.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for safes and strongboxes exported from Slovakia were the Czech Republic ($X), Austria ($X) and Germany ($X), together comprising 70% of total exports. These countries were followed by Switzerland, the Netherlands, Italy, Hungary, the UK, Serbia, Belgium and France, which together accounted for a further 20%.

Italy, with a CAGR of +17.7%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average safes and strongboxes export price stood at $X per ton in 2021, falling by -22.9% against the previous year. In general, export price indicated a measured expansion from 2012 to 2021: its price increased at an average annual rate of +3.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 an increase of 37% against the previous year. The export price peaked at $X per ton in 2020, and then declined rapidly in the following year.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Serbia ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.

Safes And Strongboxes Imports

Imports into Slovakia

In 2021, imports of safes, strongboxes and doors of base metal into Slovakia surged to X tons, picking up by 20% against 2020 figures. Over the period under review, imports showed buoyant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 45% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, safes and strongboxes imports surged to $X in 2021. Overall, imports recorded a strong increase. The most prominent rate of growth was recorded in 2013 with an increase of 91%. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Austria (X tons), Germany (X tons) and Belarus (X tons) were the main suppliers of safes and strongboxes imports to Slovakia, together accounting for 71% of total imports.

From 2012 to 2021, the biggest increases were recorded for Belarus (with a CAGR of +73.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest safes and strongboxes suppliers to Slovakia were Germany ($X), Austria ($X) and the Czech Republic ($X), together accounting for 72% of total imports. These countries were followed by Belarus, the Netherlands, Spain, Italy and China, which together accounted for a further 21%.

Among the main suppliers, Belarus, with a CAGR of +71.9%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average safes and strongboxes import price stood at $X per ton in 2021, with an increase of 18% against the previous year. Overall, import price indicated a buoyant increase from 2012 to 2021: its price increased at an average annual rate of +6.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, safes and strongboxes import price increased by +54.4% against 2016 indices. The most prominent rate of growth was recorded in 2013 an increase of 70% against the previous year. Over the period under review, average import prices reached the peak figure in 2021 and is likely to see steady growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Belarus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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