In 2023, Germany led the European import market of armoured safes with a 34.55% share, followed by Portugal at 14.71% and the Netherlands at 13.55%. Portugal witnessed significant growth, with a remarkable 78.69% year-on-year increase. In contrast, Belgium and Ireland saw declines of 1.29% and 17.17%, respectively. Over the last two years, Poland and Denmark experienced considerable growth of 18.83% and 13.67%, respectively. However, some countries faced challenges, with Estonia's imports dropping by 23.74%. The five-year CAGR analysis highlights consistent growth for major players like Germany, but varying trends in smaller markets.
Looking to the future, increasing security concerns and regulatory changes could impact demand for armoured and reinforced safes across Europe. Technological advancements in security systems might also influence import trends, potentially shifting market shares. Monitoring geopolitical shifts, economic conditions, and trade policies will be essential for understanding future dynamics in this sector.
Top countries in Import of Armoured or Reinforced Safes, Strong-Boxes and Doors and Safe Deposit Lockers for Strong-Rooms, Cash or Deed Boxes and the Like, of Base Metal Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 34.55 | 2023 | +0.062% | +1.43% | View data |
| 2 | 2 Portugal | 14.71 | 2023 | +34.61% | +78.69% | View data |
| 3 | 3 Netherlands | 13.55 | 2023 | +21.42% | +7.93% | View data |
| 4 | 4 Austria | 7.75 | 2023 | +2.92% | +7.95% | View data |
| 5 | 5 United Kingdom | 7.22 | 2023 | +3.25% | +5.54% | View data |
| 6 | 6 Italy | 7.02 | 2023 | +10.99% | +5.45% | View data |
| 7 | 7 France | 6.67 | 2023 | +2.67% | +4.96% | View data |
| 8 | 8 Sweden | 5.25 | 2023 | +4.29% | +2.1% | View data |
| 9 | 9 Poland | 3.85 | 2023 | +6.21% | +18.83% | View data |
| 10 | 10 Czechia | 2.69 | 2023 |
