Safes And Strongboxes Market Overview in Malaysia
In value terms, safes and strongboxes production skyrocketed to $ in estimated in export prices. Overall, production saw a relatively flat trend pattern. Safes and strongboxes production peaked at $ in 2012; however, from 2013 to , production failed to regain the momentum.
The value of the safes and strongboxes market in Malaysia surged to $ in , with an increase of % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of % against the previous year. Safes and strongboxes consumption peaked at $ in 2013; however, from 2014 to , consumption stood at a somewhat lower figure.