South-Eastern Asia: Safes And Strongboxes Market 2025

Safes And Strongboxes Market Size in South-Eastern Asia

The Southeast Asian safes and strongboxes market amounted to $X in 2021, increasing by 5.8% against the previous year. In general, consumption, however, recorded a relatively flat trend pattern. The level of consumption peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Safes And Strongboxes Production in South-Eastern Asia

In value terms, safes and strongboxes production totaled $X in 2021 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 34%. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Safes And Strongboxes Exports

Exports in South-Eastern Asia

After four years of decline, shipments abroad of safes, strongboxes and doors of base metal increased by 18% to X tons in 2021. In general, exports, however, recorded a perceptible decline. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, safes and strongboxes exports soared to $X in 2021. Over the period under review, exports, however, showed a pronounced contraction. The level of export peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, Thailand (X tons), Indonesia (X tons) and Vietnam (X tons) was the main exporter of safes, strongboxes and doors of base metal in South-Eastern Asia, creating 92% of total export. It was distantly followed by Malaysia (X tons), achieving a 7.7% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Vietnam (with a CAGR of +12.3%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, Vietnam ($X), Thailand ($X) and Indonesia ($X) were the countries with the highest levels of exports in 2021, with a combined 91% share of total exports.

Vietnam, with a CAGR of +11.9%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2021, the export price in South-Eastern Asia amounted to $X per ton, therefore, remained relatively stable against the previous year. Over the last nine years, it increased at an average annual rate of +2.1%. The pace of growth appeared the most rapid in 2019 when the export price increased by 20%. As a result, the export price reached the peak level of $X per ton. From 2020 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+1.2%), while the other leaders experienced a decline in the export price figures.

Safes And Strongboxes Imports

Imports in South-Eastern Asia

After three years of decline, supplies from abroad of safes, strongboxes and doors of base metal increased by 18% to X tons in 2021. Over the period under review, imports, however, continue to indicate a mild downturn. The volume of import peaked at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, safes and strongboxes imports skyrocketed to $X in 2021. In general, imports, however, saw a relatively flat trend pattern. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Indonesia (X tons), distantly followed by Thailand (X tons), Myanmar (X tons), Singapore (X tons), the Philippines (X tons), Vietnam (X tons) and Malaysia (X tons) represented the major importers of safes, strongboxes and doors of base metal, together committing 94% of total imports.

From 2012 to 2021, the biggest increases were recorded for Myanmar (with a CAGR of +5.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest safes and strongboxes importing markets in South-Eastern Asia were Indonesia ($X), Thailand ($X) and Singapore ($X), together accounting for 54% of total imports. The Philippines, Vietnam, Myanmar and Malaysia lagged somewhat behind, together comprising a further 39%.

The Philippines, with a CAGR of +7.9%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in South-Eastern Asia amounted to $X per ton, with an increase of 5.1% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.1%. The growth pace was the most rapid in 2019 an increase of 12% against the previous year. As a result, import price attained the peak level of $X per ton; afterwards, it flattened through to 2021.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Vietnam ($X per ton), while Myanmar ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+11.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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