Ecuador: Metal Filing Cabinet Market 2022

Metal Filing Cabinet Market Size in Ecuador

The Ecuadorian metal filing cabinet market rose markedly to $X in 2021, picking up by X% against the previous year. Over the period under review, consumption saw a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Metal Filing Cabinet Production in Ecuador

In value terms, metal filing cabinet production reduced to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Metal filing cabinet production peaked at $X in 2015; however, from 2016 to 2021, production failed to regain momentum.

Metal Filing Cabinet Exports

Exports from Ecuador

After three years of growth, overseas shipments of filing cabinets, card-index cabinets or desk equipment of base metal decreased by -X% to X kg in 2021. Over the period under review, exports showed a sharp reduction. The growth pace was the most rapid in 2013 when exports increased by X%. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, metal filing cabinet exports shrank rapidly to $X in 2021. Overall, exports continue to indicate a sharp downturn. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Panama (X kg) was the main destination for metal filing cabinet exports from Ecuador, with a X% share of total exports. Moreover, metal filing cabinet exports to Panama exceeded the volume sent to the second major destination, Peru (X kg), tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Panama stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (X% per year) and Costa Rica (X% per year).

In value terms, Peru ($X) emerged as the key foreign market for metal filing cabinet exports from Ecuador, comprising X% of total exports. The second position in the ranking was taken by Panama ($X), with a X% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Peru was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Panama (-X% per year) and Costa Rica (X% per year).

Export Prices by Country

In 2021, the average metal filing cabinet export price amounted to $X per ton, waning by -X% against the previous year. In general, the export price continues to indicate a abrupt downturn. The pace of growth was the most pronounced in 2013 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2020, and then reduced sharply in the following year.

Prices varied noticeably country of destination: the country with the highest price was Peru ($X per ton), while the average price for exports to Panama ($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 Costa Rica (X%), while the prices for the other major destinations experienced mixed trend patterns.

Metal Filing Cabinet Imports

Imports into Ecuador

In 2021, approx. X tons of filing cabinets, card-index cabinets or desk equipment of base metal were imported into Ecuador; jumping by X% on the previous year. Overall, imports, however, continue to indicate a noticeable slump. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, metal filing cabinet imports surged to $X in 2021. Over the period under review, imports, however, continue to indicate a mild slump. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest metal filing cabinet supplier to Ecuador, accounting for a X% share of total imports. Moreover, metal filing cabinet imports from China exceeded the figures recorded by the second-largest supplier, Peru (X tons), eightfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China was relatively modest.

In value terms, China ($X) constituted the largest supplier of metal filing cabinet to Ecuador, comprising X% of total imports. The second position in the ranking was taken by Peru ($X), with a X% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China stood at +X%.

Import Prices by Country

In 2021, the average metal filing cabinet import price amounted to $X per ton, increasing by X% against the previous year. Over the period under review, import price indicated modest growth from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, metal filing cabinet import price increased by +X% against 2019 indices. The growth pace was the most rapid in 2013 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Peru (+X%).

Source: IndexBox Market Intelligence Platform

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