Oman: Metal Filing Cabinet Market 2024

Metal Filing Cabinet Market Size in Oman

The Omani metal filing cabinet market contracted to $X in 2021, waning by -12.2% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a perceptible shrinkage. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market remained at a lower figure.

Metal Filing Cabinet Exports

Exports from Oman

In 2021, metal filing cabinet exports from Oman declined dramatically to X tons, with a decrease of -75.7% against the year before. Over the period under review, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2014 when exports increased by 609%. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, metal filing cabinet exports shrank markedly to $X in 2021. In general, exports, however, posted a strong expansion. The pace of growth was the most pronounced in 2014 with an increase of 561%. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Jamaica (X tons) was the main destination for metal filing cabinet exports from Oman, accounting for a 65% share of total exports. Moreover, metal filing cabinet exports to Jamaica exceeded the volume sent to the second major destination, Rwanda (X tons), threefold. Azerbaijan (X tons) ranked third in terms of total exports with a 9.1% share.

From 2012 to 2021, the average annual growth rate of volume to Jamaica stood at +38.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Rwanda (0.0% per year) and Azerbaijan (+11.7% per year).

In value terms, Jamaica ($X) emerged as the key foreign market for filing cabinets, card-index cabinets or desk equipment of base metal exports from Oman, comprising 56% of total exports. The second position in the ranking was taken by Rwanda ($X), with a 28% share of total exports. It was followed by Azerbaijan, with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Jamaica amounted to +38.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Rwanda (0.0% per year) and Azerbaijan (+31.9% per year).

Export Prices by Country

The average metal filing cabinet export price stood at $X per ton in 2021, increasing by 50% against the previous year. Overall, the export price, however, recorded a pronounced shrinkage. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

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 Azerbaijan ($X per ton), while the average price for exports to the United Arab Emirates ($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 Azerbaijan (+18.1%), while the prices for the other major destinations experienced a decline.

Metal Filing Cabinet Imports

Imports into Oman

In 2021, supplies from abroad of filing cabinets, card-index cabinets or desk equipment of base metal decreased by -44.5% to X tons for the first time since 2018, thus ending a two-year rising trend. In general, imports recorded a pronounced slump. The most prominent rate of growth was recorded in 2015 when imports increased by 128% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, metal filing cabinet imports contracted dramatically to $X in 2021. Overall, imports saw a slight shrinkage. The most prominent rate of growth was recorded in 2015 when imports increased by 49% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, the United Arab Emirates (X tons) constituted the largest supplier of metal filing cabinet to Oman, accounting for a 71% share of total imports. Moreover, metal filing cabinet imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Iran (X tons), sixfold. The third position in this ranking was held by China (X tons), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United Arab Emirates amounted to -5.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Iran (+161.8% per year) and China (-6.1% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of filing cabinets, card-index cabinets or desk equipment of base metal to Oman, comprising 78% of total imports. The second position in the ranking was taken by China ($X), with an 8.6% share of total imports. It was followed by Iran, with a 7.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United Arab Emirates stood at +1.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+1.9% per year) and Iran (+101.8% per year).

Import Prices by Country

In 2021, the average metal filing cabinet import price amounted to $X per ton, with an increase of 28% against the previous year. Overall, the import price enjoyed noticeable growth. The pace of growth was the most pronounced in 2014 when the average import price increased by 81% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

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 the United Arab Emirates ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bahrain (+14.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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