Safes And Strongboxes Market Overview in Portugal
In value terms, safes and strongboxes production rose markedly to $ in estimated in export prices. Overall, the total production indicated strong growth from 2007 to : its value increased at an average annual rate of +% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, production increased by +% against 2013 indices. The pace of growth appeared the most rapid in 2009 when the production volume increased by % y-o-y. Over the period under review, production hit record highs in and is expected to retain growth in years to come.
The revenue of the safes and strongboxes market in Portugal surged to $ in , picking up by % 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). The market value increased at an average annual rate of +% over the period from 2007 to ; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 with an increase of % year-to-year. Over the period under review, the market hit record highs in and is likely to continue growth in the immediate term.