Finland: Metal Filing Cabinet Market 2024

Metal Filing Cabinet Market Size in Finland

After three years of growth, the Finnish metal filing cabinet market decreased by -16.4% to $X in 2021. In general, consumption recorded a drastic downturn. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Metal Filing Cabinet Production in Finland

In value terms, metal filing cabinet production amounted to $X in 2021 estimated in export price. In general, production recorded a precipitous curtailment. Metal filing cabinet production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Metal Filing Cabinet Exports

Exports from Finland

Metal filing cabinet exports from Finland skyrocketed to X tons in 2021, rising by 56% on 2020 figures. In general, exports, however, faced a abrupt decrease. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, metal filing cabinet exports skyrocketed to $X in 2021. Overall, exports recorded a mild increase. The growth pace was the most rapid in 2018 when exports increased by 61%. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.

Exports by Country

The UK (X tons) was the main destination for metal filing cabinet exports from Finland, with a 63% share of total exports. Moreover, metal filing cabinet exports to the UK exceeded the volume sent to the second major destination, Denmark (X kg), fivefold. Australia (X kg) ranked third in terms of total exports with a 5.7% share.

From 2012 to 2021, the average annual growth rate of volume to the UK totaled +80.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+74.8% per year) and Australia (+3.4% per year).

In value terms, the UK ($X) emerged as the key foreign market for filing cabinets, card-index cabinets or desk equipment of base metal exports from Finland, comprising 62% of total exports. The second position in the ranking was held by Australia ($X), with an 8.4% share of total exports. It was followed by Israel, with a 6.1% share.

From 2012 to 2021, the average annual growth rate of value to the UK amounted to +81.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+3.7% per year) and Israel (+14.2% per year).

Export Prices by Country

The average metal filing cabinet export price stood at $X per ton in 2021, increasing by 2.1% against the previous year. Over the period under review, the export price enjoyed a prominent increase. The most prominent rate of growth was recorded in 2015 when the average export price increased by 176%. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Israel ($X per ton), while the average price for exports to Estonia ($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 China (+16.2%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Filing Cabinet Imports

Imports into Finland

In 2021, overseas purchases of filing cabinets, card-index cabinets or desk equipment of base metal decreased by -5.3% to X tons, falling for the second year in a row after two years of growth. Overall, imports saw a noticeable decrease. The most prominent rate of growth was recorded in 2013 with an increase of 84%. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, metal filing cabinet imports shrank markedly to $X in 2021. Over the period under review, imports showed a slight downturn. The most prominent rate of growth was recorded in 2013 when imports increased by 113% against the previous year. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Sweden (X tons) constituted the largest supplier of metal filing cabinet to Finland, accounting for a 52% share of total imports. Moreover, metal filing cabinet imports from Sweden exceeded the figures recorded by the second-largest supplier, Poland (X tons), twofold. Germany (X tons) ranked third in terms of total imports with a 7.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Sweden totaled +18.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+38.2% per year) and Germany (-15.4% per year).

In value terms, Sweden ($X) constituted the largest supplier of filing cabinets, card-index cabinets or desk equipment of base metal to Finland, comprising 45% of total imports. The second position in the ranking was held by Poland ($X), with a 16% share of total imports. It was followed by Germany, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Sweden amounted to +8.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+17.8% per year) and Germany (-6.9% per year).

Import Prices by Country

The average metal filing cabinet import price stood at $X per ton in 2021, dropping by -13.9% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average import price increased by 24%. The import price peaked at $X per ton in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+31.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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