MENA: Metal Filing Cabinet Market 2024

Metal Filing Cabinet Market Size in MENA

In 2021, after two years of decline, there was significant growth in the MENA's metal filing cabinet market, when its value increased by 14% to $X. Over the period under review, consumption, however, recorded a relatively flat trend pattern. The level of consumption peaked at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Metal Filing Cabinet Production in MENA

In value terms, metal filing cabinet production stood at $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2015 when the production volume increased by 22% against the previous year. Over the period under review, production attained the peak level at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.

Metal Filing Cabinet Exports

Exports in MENA

In 2021, overseas shipments of filing cabinets, card-index cabinets or desk equipment of base metal increased by 3.5% to X tons, rising for the second year in a row after four years of decline. Overall, exports, however, continue to indicate a mild setback. The pace of growth was the most pronounced in 2013 when exports increased by 66% against the previous year. Over the period under review, the exports attained the maximum 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 rose significantly to $X in 2021. In general, exports, however, continue to indicate a mild decline. The most prominent rate of growth was recorded in 2013 when exports increased by 43%. Over the period under review, the exports reached the maximum at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Iran (X tons) and the United Arab Emirates (X tons) dominates exports structure, together mixing up 83% of total exports. The following exporters - Oman (X tons), Saudi Arabia (X tons), Turkey (X tons) and Egypt (X tons) - together made up 14% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Iran (with a CAGR of +34.5%), while the other leaders experienced mixed trends in the exports figures.

In value terms, the United Arab Emirates ($X), Iran ($X) and Turkey ($X) appeared to be the countries with the highest levels of exports in 2021, together accounting for 82% of total exports.

Iran, with a CAGR of +38.3%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2021, the export price in MENA amounted to $X per ton, surging by 6.6% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 39% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2020 to 2021, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Turkey ($X per ton), while Iran ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+5.2%), while the other leaders experienced more modest paces of growth.

Metal Filing Cabinet Imports

Imports in MENA

In 2021, purchases abroad of filing cabinets, card-index cabinets or desk equipment of base metal was finally on the rise to reach X tons after five years of decline. In general, imports, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2014 when imports increased by 24%. The volume of import peaked at X tons in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, metal filing cabinet imports soared to $X in 2021. Overall, imports, however, showed a deep contraction. The pace of growth appeared the most rapid in 2014 with an increase of 35%. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Qatar (X tons), distantly followed by Oman (X tons), Turkey (X tons), the United Arab Emirates (X tons), Kuwait (X tons) and Iraq (X tons) were the largest importers of filing cabinets, card-index cabinets or desk equipment of base metal, together constituting 80% of total imports. Yemen (X tons), Libya (X tons), Algeria (X tons), Israel (X tons), Djibouti (X tons), Bahrain (X tons) and Morocco (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Yemen (with a CAGR of +39.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest metal filing cabinet importing markets in MENA were the United Arab Emirates ($X), Qatar ($X) and Oman ($X), with a combined 45% share of total imports. Turkey, Iraq, Kuwait, Libya, Algeria, Israel, Djibouti, Yemen, Morocco and Bahrain lagged somewhat behind, together accounting for a further 50%.

Yemen, with a CAGR of +49.2%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in MENA stood at $X per ton in 2021, rising by 1.9% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2019 when the import price increased by 19%. Over the period under review, import prices hit record highs in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Libya ($X per ton), while Qatar ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Algeria (+11.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform