Australia: Metal Filing Cabinet Market 2024

Metal Filing Cabinet Market Size in Australia

In 2021, the Australian metal filing cabinet market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption showed a abrupt shrinkage. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Metal Filing Cabinet Production in Australia

In value terms, metal filing cabinet production skyrocketed to $X in 2021 estimated in export price. Overall, production, however, recorded a pronounced reduction. The most prominent rate of growth was recorded in 2017 when the production volume increased by 375% against the previous year. Metal filing cabinet production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Metal Filing Cabinet Exports

Exports from Australia

In 2021, after three years of decline, there was significant growth in overseas shipments of filing cabinets, card-index cabinets or desk equipment of base metal, when their volume increased by 80% to X tons. Over the period under review, exports recorded a strong increase. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, metal filing cabinet exports surged to $X in 2021. In general, total exports indicated a moderate increase from 2012 to 2021: its value increased at an average annual rate of +2.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

New Zealand (X tons) was the main destination for metal filing cabinet exports from Australia, accounting for a 64% share of total exports. Moreover, metal filing cabinet exports to New Zealand exceeded the volume sent to the second major destination, Singapore (X tons), eightfold. Hong Kong SAR (X tons) ranked third in terms of total exports with an 8.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to New Zealand totaled +17.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+38.2% per year) and Hong Kong SAR (+30.1% per year).

In value terms, New Zealand ($X) remains the key foreign market for filing cabinets, card-index cabinets or desk equipment of base metal exports from Australia, comprising 64% of total exports. The second position in the ranking was taken by Singapore ($X), with an 8.4% share of total exports. It was followed by Hong Kong SAR, with an 8.4% share.

From 2012 to 2021, the average annual growth rate of value to New Zealand stood at +16.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+24.8% per year) and Hong Kong SAR (+10.2% per year).

Export Prices by Country

The average metal filing cabinet export price stood at $X per ton in 2021, declining by -11.7% against the previous year. Over the period under review, the export price showed a perceptible descent. The pace of growth appeared the most rapid in 2018 an increase of 27% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2021, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the highest price was recorded for prices to New Zealand ($X per ton) and the United States ($X per ton), while the average price for exports to Singapore ($X per ton) and Solomon Islands ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+2.2%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Filing Cabinet Imports

Imports into Australia

In 2021, imports of filing cabinets, card-index cabinets or desk equipment of base metal into Australia declined sharply to X tons, with a decrease of -17.3% against the year before. Overall, imports continue to indicate a abrupt downturn. The growth pace was the most rapid in 2015 when imports increased by 40%. As a result, imports attained the peak of X tons. From 2016 to 2021, the growth of imports failed to regain momentum.

In value terms, metal filing cabinet imports reduced modestly to $X in 2021. In general, imports continue to indicate a noticeable contraction. The pace of growth was the most pronounced in 2020 when imports increased by 29%. Over the period under review, imports reached the peak figure at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The United Arab Emirates (X tons), China (X tons) and Malaysia (X tons) were the main suppliers of metal filing cabinet imports to Australia, together accounting for 97% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United Arab Emirates (with a CAGR of +7.4%), while imports for the other leaders experienced a decline.

In value terms, the largest metal filing cabinet suppliers to Australia were China ($X), the United Arab Emirates ($X) and Malaysia ($X), with a combined 96% share of total imports.

The United Arab Emirates, with a CAGR of +12.0%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average metal filing cabinet import price amounted to $X per ton, with an increase of 15% against the previous year. Over the period under review, the import price saw prominent growth. The pace of growth appeared the most rapid in 2018 when the average import price increased by 31%. Over the period under review, average import prices reached the maximum in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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