Egypt: Metal Filing Cabinet Market 2024

Metal Filing Cabinet Market Size in Egypt

In 2021, after three years of decline, there was significant growth in the Egyptian metal filing cabinet market, when its value increased by 11% to $X. Over the period under review, consumption, however, recorded a perceptible setback. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Metal Filing Cabinet Production in Egypt

In value terms, metal filing cabinet production rose significantly to $X in 2021 estimated in export price. Over the period under review, production, however, showed a pronounced contraction. The growth pace was the most rapid in 2015 when the production volume increased by 40% against the previous year. Over the period under review, production attained the maximum level at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

Metal Filing Cabinet Exports

Exports from Egypt

In 2021, overseas shipments of filing cabinets, card-index cabinets or desk equipment of base metal increased by 13% to X tons, rising for the second consecutive year after four years of decline. In general, exports, however, continue to indicate a perceptible reduction. The pace of growth was the most pronounced in 2014 when exports increased by 139% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, metal filing cabinet exports soared to $X in 2021. Overall, exports, however, continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2015 when exports increased by 118% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Saudi Arabia (X tons) was the main destination for metal filing cabinet exports from Egypt, accounting for a 35% share of total exports. Moreover, metal filing cabinet exports to Saudi Arabia exceeded the volume sent to the second major destination, Kuwait (X tons), twofold. The third position in this ranking was taken by Germany (X tons), with a 13% share.

From 2012 to 2021, the average annual growth rate of volume to Saudi Arabia totaled -5.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kuwait (+12.9% per year) and Germany (+13.0% per year).

In value terms, Kuwait ($X) remains the key foreign market for filing cabinets, card-index cabinets or desk equipment of base metal exports from Egypt, comprising 57% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a 15% share of total exports. It was followed by Germany, with a 9.5% share.

From 2012 to 2021, the average annual growth rate of value to Kuwait totaled +17.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (-11.9% per year) and Germany (+0.7% per year).

Export Prices by Country

The average metal filing cabinet export price stood at $X per ton in 2021, picking up by 14% against the previous year. Overall, the export price, however, showed a slight curtailment. The pace of growth appeared the most rapid in 2016 when the average export price increased by 69%. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Kuwait ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ghana (+33.9%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Filing Cabinet Imports

Imports into Egypt

In 2021, approx. X tons of filing cabinets, card-index cabinets or desk equipment of base metal were imported into Egypt; declining by -48.8% on the previous year's figure. Over the period under review, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2013 when imports increased by 88% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, metal filing cabinet imports fell dramatically to $X in 2021. Overall, imports continue to indicate a perceptible decline. The pace of growth appeared the most rapid in 2020 with an increase of 75% against the previous year. Over the period under review, imports attained the maximum at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Malaysia (X tons) constituted the largest metal filing cabinet supplier to Egypt, with a 47% share of total imports. Moreover, metal filing cabinet imports from Malaysia exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X tons), twofold. The third position in this ranking was taken by the United Arab Emirates (X tons), with a 19% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Malaysia stood at -3.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (-6.4% per year) and the United Arab Emirates (+0.3% per year).

In value terms, the United Arab Emirates ($X), Taiwan (Chinese) ($X) and Hong Kong SAR ($X) were the largest metal filing cabinet suppliers to Egypt, with a combined 60% share of total imports.

Among the main suppliers, Taiwan (Chinese), with a CAGR of +10.1%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average metal filing cabinet import price stood at $X per ton in 2021, which is down by -8.8% against the previous year. In general, the import price, however, showed perceptible growth. The pace of growth was the most pronounced in 2017 an increase of 28%. Over the period under review, average import prices reached the peak figure at $X per ton in 2020, and then contracted in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+18.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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