Belgium: Metal Filing Cabinet Market 2024

Metal Filing Cabinet Market Size in Belgium

The Belgian metal filing cabinet market surged to $X in 2021, jumping by 56% against the previous year. Over the period under review, consumption, however, continues to indicate a pronounced setback. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Metal Filing Cabinet Production in Belgium

In value terms, metal filing cabinet production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a deep setback. The pace of growth was the most pronounced in 2014 with an increase of 95% against the previous year. Over the period under review, production attained the maximum level at $X in 2015; however, from 2016 to 2021, production failed to regain momentum.

Metal Filing Cabinet Exports

Exports from Belgium

In 2021, overseas shipments of filing cabinets, card-index cabinets or desk equipment of base metal increased by 34% to X tons, rising for the fifth year in a row after three years of decline. Over the period under review, exports recorded moderate growth. The most prominent rate of growth was recorded in 2020 with an increase of 95% against the previous year. The exports peaked in 2021 and are likely to continue growth in years to come.

In value terms, metal filing cabinet exports soared to $X in 2021. In general, exports showed measured growth. The pace of growth appeared the most rapid in 2018 with an increase of 71% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the near future.

Exports by Country

The Netherlands (X tons), France (X tons) and Germany (X tons) were the main destinations of metal filing cabinet exports from Belgium, together accounting for 82% of total exports. These countries were followed by Italy, Ireland, Hungary, the United States and Luxembourg, which together accounted for a further 13%.

From 2012 to 2021, the biggest increases were recorded for Ireland (with a CAGR of +145.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for metal filing cabinet exported from Belgium were the Netherlands ($X), France ($X) and Germany ($X), together comprising 67% of total exports. The United States, Italy, Luxembourg, Hungary and Ireland lagged somewhat behind, together comprising a further 24%.

Among the main countries of destination, Hungary, with a CAGR of +104.2%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average metal filing cabinet export price amounted to $X per ton, reducing by -5% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of 50% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Ireland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Luxembourg (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Filing Cabinet Imports

Imports into Belgium

In 2021, the amount of filing cabinets, card-index cabinets or desk equipment of base metal imported into Belgium soared to X tons, picking up by 58% on 2020. In general, imports saw a measured expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 59% against the previous year. Imports peaked in 2021 and are likely to see steady growth in years to come.

In value terms, metal filing cabinet imports soared to $X in 2021. Overall, imports enjoyed a temperate increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), Germany (X tons) and the Netherlands (X tons) were the main suppliers of metal filing cabinet imports to Belgium, together accounting for 89% of total imports. These countries were followed by France, the United States and Denmark, which together accounted for a further 5.2%.

From 2012 to 2021, the biggest increases were recorded for the United States (with a CAGR of +50.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of filing cabinets, card-index cabinets or desk equipment of base metal to Belgium, comprising 45% of total imports. The second position in the ranking was taken by China ($X), with a 22% share of total imports. It was followed by the Netherlands, with an 18% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany totaled +8.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+14.0% per year) and the Netherlands (-6.5% per year).

Import Prices by Country

In 2021, the average metal filing cabinet import price amounted to $X per ton, with an increase of 14% against the previous year. Overall, the import price, however, showed a noticeable downturn. The growth pace was the most rapid in 2014 when the average import price increased by 32% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was France ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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