In 2023, Germany led European imports of armoured or reinforced safes, strongboxes, and safe deposit lockers, capturing significant share by volume. Portugal experienced the most substantial year-on-year growth at over 79%, despite a smaller base, suggesting increasing demand or strategic sourcing. The Netherlands, Poland, and Spain also showed strong growth, reinforcing their importance in the European market. Conversely, several countries, including Belgium and Slovenia, saw declines. Five-year CAGR trends indicate stable market leaders with only minor fluctuations suggesting strategic market positioning.
Future trends to watch include technological advancements in security products and increased demand driven by heightened security concerns across Europe. Growth opportunities might arise in digital integration and eco-friendly product innovations, aligned with evolving consumer preferences and regulatory changes. Monitoring currency fluctuations and supply chain dynamics will be essential for understanding the competitive landscape.
Top countries in Import of Armoured or Reinforced Safes, Strongboxes and Doors and Safe Deposit Lockers for Strongrooms of Base Metal Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 34.34 | 2023 | -0.2% | +0.88% | View data |
| 2 | 2 Portugal | 15.21 | 2023 | +35.15% | +79.14% | View data |
| 3 | 3 Netherlands | 14.65 | 2023 | +22.65% | +9.17% | View data |
| 4 | 4 Italy | 6.8 | 2023 | +10.92% | +4.35% | View data |
| 5 | 5 France | 6.43 | 2023 | +2.53% | +3.76% | View data |
| 6 | 6 Austria | 6.43 | 2023 | +1.72% | +3.57% | View data |
| 7 | 7 United Kingdom | 6.25 | 2023 | -0.11% | +2.12% | View data |
| 8 | 8 Sweden | 5.44 | 2023 | +5.69% | +2.43% | View data |
| 9 | 9 Poland | 3.81 | 2023 | +5.68% | +18.11% | View data |
| 10 | 10 Spain | 3.23 | 2023 | +22.28% | +27.78% | View data |
