Earlier Report Observations
The market for safes and safe deposit lockers in Finland showed considerable volatility from 2018 to 2024. After a moderate decline from 5 620 thousand USD in 2018 to 5 262 thousand USD in 2020, market size jumped sharply to 7 465 thousand USD in 2021. This peak was followed by a sustained contraction over the next three years, with the market falling to 4 907 thousand USD in 2024, a level below the starting point of the period.
Production mirrored this pattern, reaching its highest value of 4 387 thousand USD in 2021 before dropping to 3 249 thousand USD in 2024. Trade flows also shifted, with imports rising to 4 108 thousand USD in 2024, while exports expanded significantly to 2 450 thousand USD the same year, which subtracted from the domestic market volume.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In value
- 4.1.1.1. Production, 2018-2024
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2024
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4.1.1. In value
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Finland
- 5.1.1. In value, 2018-2024, K $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. In value, 2018-2024, K $ US
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5.1. Production in Finland
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to Finland in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to Finland by countries, 2018-2024, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Finland in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Finland by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's imports to Finland, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's imports to Finland by countries, 2018-2024, $ US/kg
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to Finland in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to Finland by countries, 2018-2024, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Finland in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Finland by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's imports to Finland, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's imports to Finland by countries, 2018-2024, $ US/kg
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6.1. Imports (Direct Data)
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7. Exports
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7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, t
- 7.1.2.1. Annual dynamics of product's exports from Finland in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's exports in kind from Finland by countries, 2018-2024, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Finland in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Finland by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/kg
- 7.1.4.1. Annual dynamics of average price of product's exports from Finland, 2018-2024, $ US/kg
- 7.1.4.2. Dynamics of average price of product's exports from Finland by countries, 2018-2024, $ US/kg
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, t
- 7.2.2.1. Annual dynamics of product's exports from Finland in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's exports in kind from Finland by countries, 2018-2024, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Finland in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Finland by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/kg
- 7.2.4.1. Annual dynamics of average price of product's exports from Finland, 2018-2024, $ US/kg
- 7.2.4.2. Dynamics of average price of product's exports from Finland by countries, 2018-2024, $ US/kg
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7.1. Exports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production safes and safe deposit lockers in Finland
In value, 2017-2020, K $ US
The market showed an unstable trend throughout the period. Production reached its lowest point in 2017, then peaked in 2018, with a {ampRatio}-fold difference between these years. In 2020, Finland's output of safes and safe deposit lockers was valued at 2 902 K $ US, marking a solid drop of 11.0% compared to 2019.
Annual dynamics of production in Finland in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | (5.7%) | (11.0%) | - |
Exports safes and safe deposit lockers from Finland
Exports in kind, t
Volatility characterized the market behavior during these years. Exports reached their lowest point in 2019, then peaked in 2017, showing a 40-fold difference. In 2020, Finland's volume of safes and safe deposit lockers exports totaled 46.5 t, representing a dramatic increase of 618.3% compared to the previous year. The minimum value was recorded in 2019 at 6.5 t, with the largest decline of 97.4% also occurring that year.
Annual dynamics of product's exports from Finland in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (3.7%) | (97.4%) | 618.3% | (43.6%) |
From 2017 to 2020, exports in kind were distributed across a wide range of partner countries. The United Kingdom accounted for 16.7% of exports in kind, Russia for 12.6%, and Italy for 12.3%, with these three countries together representing 41.5% of total flows.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Finland in kind, 2017-2020
Exports in value, K $ US
Finland's volume of safes and safe deposit lockers exports declined for the second consecutive year. In 2020, exports totaled 376 K $ US, corresponding to a dramatic reduction of 60.7% year-over-year. Between 2017 and 2020, exports decreased by 73.9%, equating to an annualized rate of 36.1%. The maximum value was recorded in 2018 at 1 508 K $ US, with the largest increase of 4.5% also occurring that year.
Annual dynamics of product's exports from Finland in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 4.5% | (36.5%) | (60.7%) | (36.1%) |
From 2017 to 2020, safes and safe deposit lockers from Finland were traded with many countries. Even the largest destinations—Russia, Egypt, and Italy—together represented only 41.8% of total exports in value terms.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Finland in value, 2017-2020
Imports safes and safe deposit lockers to Finland
Imports in kind, t
Volatility characterized the market behavior during these years. Imports reached their lowest point in 2019, then peaked in 2018, differing by 48-fold. In 2020, safes and safe deposit lockers deliveries to Finland amounted to 659.0 t, which is 3,485.3% greater compared to the previous year. The minimum value was recorded in 2019 at 18.4 t, while the maximum value was recorded in 2018 at 889.6 t. The largest decline of 97.9% occurred in 2019.
Annual dynamics of product's imports to Finland in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 46.1% | (97.9%) | 3 485.3% | 2.7% |
From 2017 to 2020, Poland accounted for 32.4% of imports in kind, Sweden for 20.1%, and China for 18.5%, with these three countries together comprising 71.0% of total flows.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Finland in kind, 2017-2020
Imports in value, K $ US
Safes and safe deposit lockers volumes in Finland declined for the second consecutive year. In 2020, imports totaled 2 737 K $ US, reflecting a solid decline of 15.8% versus the previous year. Over the period 2017-2020, imports increased by 8.2%, with a compound annual growth rate of 2.7%. The maximum value was recorded in 2018 at 3 671 K $ US, with the largest increase of 45.1% also occurring that year.
Annual dynamics of product's imports to Finland in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 45.1% | (11.5%) | (15.8%) | 2.7% |
From 2017 to 2020, Poland accounted for 21.8% of imports in value terms, China for 21.0%, and Sweden for 20.9%, with these three countries jointly accounting for 63.8% of total flows.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Finland in value, 2017-2020
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