GCC: Metal Filing Cabinet Market 2024

Metal Filing Cabinet Market Size in GCC

The GCC metal filing cabinet market rose remarkably to $X in 2023, surging by X% against the previous year. Over the period under review, consumption, however, showed a perceptible slump. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2023, consumption remained at a lower figure.

Metal Filing Cabinet Production in GCC

In value terms, metal filing cabinet production rose modestly to $X in 2023 estimated in export price. Overall, production continues to indicate resilient growth. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, production attained the peak level at $X in 2016; however, from 2017 to 2023, production stood at a somewhat lower figure.

Metal Filing Cabinet Exports

Exports in GCC

In 2023, approx. X tons of filing cabinets, card-index cabinets or desk equipment of base metal were exported in GCC; waning by X% against the previous year's figure. In general, exports continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2013 with an increase of X%. The volume of export peaked at X tons in 2015; however, from 2016 to 2023, the exports stood at a somewhat lower figure.

In value terms, metal filing cabinet exports amounted to $X in 2023. Overall, exports continue to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2013 with an increase of X%. The level of export peaked at $X in 2015; however, from 2016 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates was the main exporter of filing cabinets, card-index cabinets or desk equipment of base metal in GCC, with the volume of exports accounting for X tons, which was near X% of total exports in 2023. It was distantly followed by Saudi Arabia (X tons), achieving a X% share of total exports. Oman (X tons) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to metal filing cabinet exports from the United Arab Emirates stood at X%. Oman (X%) and Saudi Arabia (X%) illustrated a downward trend over the same period. While the share of Saudi Arabia (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of the United Arab Emirates (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) remains the largest metal filing cabinet supplier in GCC, comprising X% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a X% share of total exports.

In the United Arab Emirates, metal filing cabinet exports decreased by an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Saudi Arabia (X% per year) and Oman (X% per year).

Export Prices by Country

The export price in GCC stood at $X per ton in 2023, rising by X% against the previous year. Export price indicated strong growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, metal filing cabinet export price increased by X% against 2019 indices. The pace of growth was the most pronounced in 2019 when the export price increased by X%. Over the period under review, the export prices attained the maximum in 2023 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Oman ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Oman (X%), while the other leaders experienced more modest paces of growth.

Metal Filing Cabinet Imports

Imports in GCC

Metal filing cabinet imports reached X tons in 2023, surging by X% on the previous year's figure. Overall, imports, however, saw a deep contraction. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2023, imports failed to regain momentum.

In value terms, metal filing cabinet imports shrank to $X in 2023. In general, imports, however, continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 when imports increased by X%. As a result, imports attained the peak of $X. From 2015 to 2023, the growth of imports remained at a lower figure.

Imports by Country

The United Arab Emirates (X tons) and Oman (X tons) represented roughly X% of total imports in 2023. Kuwait (X tons) ranks next in terms of the total imports with a X% share, followed by Qatar (X%) and Bahrain (X%).

From 2012 to 2023, the biggest increases were recorded for the United Arab Emirates (with a CAGR of X%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported filing cabinets, card-index cabinets or desk equipment of base metal in GCC, comprising X% of total imports. The second position in the ranking was held by Oman ($X), with a X% share of total imports. It was followed by Kuwait, with a X% share.

In the United Arab Emirates, metal filing cabinet imports plunged by an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: Oman (X% per year) and Kuwait (X% per year).

Import Prices by Country

The import price in GCC stood at $X per ton in 2023, reducing by X% against the previous year. Import price indicated a pronounced expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, metal filing cabinet import price increased by X% against 2019 indices. The pace of growth was the most pronounced in 2022 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton, and then reduced rapidly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Qatar ($X per ton), while Oman ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Qatar (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform