Market research

Safes and safe deposit lockers market in Sweden

Release date: Mar 30, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

The Swedish market for safes and safe deposit lockers, measured in value, grew substantially from 2020 to 2022, with its size increasing by 48% to 18.0 million dollars. This expansion was followed by a 28% contraction in 2023 to 12.9 million dollars, before a partial recovery to 14.2 million dollars in 2024.

Domestic production more than doubled from 5.1 million dollars in 2020 to 10.6 million dollars in 2024. Exports showed consistent growth, rising from 5.0 million dollars in 2021 to 9.3 million dollars in 2024, while imports peaked at 18.0 million dollars in 2022 before declining sharply the following year.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In value
    1. 4.1.1.1. Production, 2020-2024
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2020-2024
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Sweden
  1. 5.1.1. In value, 2020-2024, K $ US
2. 5.2. Production in the EU, 2018-2024
  1. 5.2.1. In value, 2018-2024, K $ US
6. Exports
1. 6.1. Exports (Direct Data)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, t
    1. 6.1.2.1. Annual dynamics of product's exports from Sweden in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's exports in kind from Sweden by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.1.3. Exports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Sweden in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Sweden by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's exports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Sweden, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from Sweden by countries, 2018-2024, $ US/t
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, t
    1. 6.2.2.1. Annual dynamics of product's exports from Sweden in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's exports in kind from Sweden by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.2.3. Exports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Sweden in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Sweden by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's exports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Sweden, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from Sweden by countries, 2018-2024, $ US/t
7. Imports
1. 7.1. Imports (Direct Data)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, t
    1. 7.1.2.1. Annual dynamics of product's imports to Sweden in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's imports in kind to Sweden by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.1.3. Imports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Sweden in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Sweden by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's imports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Sweden, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's imports to Sweden by countries, 2018-2024, $ US/t
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, t
    1. 7.2.2.1. Annual dynamics of product's imports to Sweden in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's imports in kind to Sweden by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.2.3. Imports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Sweden in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Sweden by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's imports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Sweden, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's imports to Sweden by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production safes and safe deposit lockers in Sweden

In value, 2017-2020, K $ US

Annual dynamics of production in Sweden in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	n/a	-

Source: SHEV.io

Exports safes and safe deposit lockers from Sweden

Exports in kind, t

After two years of decline, Sweden's cross-border shipments of safes and safe deposit lockers increased in 2020. The country exported 952 tonnes of these products that year, representing a 3.3% gain from 2019. However, over the broader period from 2017 to 2020, exports decreased by 33.8%, with a compound annual growth rate of -12.9%. The lowest export volume was recorded in 2019 at 922 tonnes, which also saw the largest annual decline of 25.3%.

Annual dynamics of product's exports from Sweden in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(14.3%)	(25.3%)	3.3%	(12.9%)

Source: SHEV.io

From 2017 to 2020, the leading destinations for Sweden's exports of safes and safe deposit lockers in volume terms were Denmark, accounting for 30.9% of exports, Norway with 18.1%, and Finland at 12.0%. Together, these three countries represented 61.0% of total export flows.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Sweden in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

Sweden's exports of safes and safe deposit lockers in value terms declined for the third consecutive year in 2020, reaching 4 629 thousand US dollars. This marked a 16.2% decrease compared to 2019. Over the period from 2017 to 2020, exports fell by 23.9%, with a compound annual growth rate of -8.7%.

Annual dynamics of product's exports from Sweden in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(8.9%)	(0.3%)	(16.2%)	(8.7%)

Source: SHEV.io

In value terms from 2017 to 2020, Norway led Sweden's export structure with 27.6% of exports, followed by Denmark at 22.7% and Finland with 13.3%. Collectively, these three countries accounted for 63.6% of total export value.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Sweden in value, 2017-2020

Source: SHEV.io

Imports safes and safe deposit lockers to Sweden

Imports in kind, t

In 2020, Sweden's import volume of safes and safe deposit lockers totaled 4 577 tonnes, reflecting a significant decline of 15.7% from the previous year. Between 2017 and 2020, imports decreased by 16.9%, equating to an annualized rate of -6.0%. The largest annual increase occurred in 2019, at 13.4%.

Annual dynamics of product's imports to Sweden in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(13.1%)	13.4%	(15.7%)	(6.0%)

Source: SHEV.io

From 2017 to 2020, Poland was the principal source for Sweden's imports of safes and safe deposit lockers in volume terms, accounting for 62.5% of imports. China followed with 12.3%, and South Korea with 7.4%. Together, these three countries represented 82.2% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Sweden in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

In 2020, Sweden's imports of safes and safe deposit lockers in value terms stood at 11 676 thousand US dollars, showing a moderate decline of 9.6% from 2019. Over the period from 2017 to 2020, imports decreased by 10.3%, with an annualized rate of -3.6%. The largest annual increase was recorded in 2019, at 2.2%.

Annual dynamics of product's imports to Sweden in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(3.0%)	2.2%	(9.6%)	(3.6%)

Source: SHEV.io

From 2017 to 2020, Poland remained the leading destination in Sweden's import structure in value terms, accounting for 55.6% of imports. China followed with 15.2%, and South Korea with 5.3%. Combined, these three countries held a 76.1% share of total import value.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Sweden in value, 2017-2020

Source: SHEV.io