Puerto Rico: Metal Filing Cabinet Market 2024

Metal Filing Cabinet Market Size in Puerto Rico

The Puerto Rican metal filing cabinet market shrank to $X in 2021, approximately equating the previous year. Overall, consumption, however, showed a noticeable decline. Puerto Rico consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Metal Filing Cabinet Production in Puerto Rico

In value terms, metal filing cabinet production dropped slightly to $X in 2021 estimated in export price. Over the period under review, production, however, saw a noticeable curtailment. The pace of growth appeared the most rapid in 2018 with an increase of 54% against the previous year. Puerto Rico production peaked at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Metal Filing Cabinet Exports

Exports from Puerto Rico

In 2021, metal filing cabinet exports from Puerto Rico totaled less than X kg, remaining stable against the previous year's figure. In general, exports saw a relatively flat trend pattern.

In value terms, metal filing cabinet exports amounted to less than $X in 2021. Overall, exports continue to indicate a relatively flat trend pattern.

Exports by Country

China dominates exports structure, amounting to X tons, which was near 72% of total exports in 2021. It was distantly followed by Poland (X tons), creating a 5.8% share of total exports. Iran (X tons), Germany (X tons), the United Arab Emirates (X tons) and Malaysia (X tons) took a minor share of total exports.

From 2012 to 2021, average annual rates of growth with regard to metal filing cabinet exports from China stood at +2.0%. At the same time, Iran (+34.5%) and Poland (+5.7%) displayed positive paces of growth. Moreover, Iran emerged as the fastest-growing exporter exported in the world, with a CAGR of +34.5% from 2012-2021. By contrast, Germany (-7.1%), the United Arab Emirates (-8.8%) and Malaysia (-15.9%) illustrated a downward trend over the same period. From 2012 to 2021, the share of China, Poland and Iran increased by +10, +2.2 and +1.6 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest metal filing cabinet supplier from Puerto Rico, comprising 69% of global exports. The second position in the ranking was taken by Poland ($X), with a 5.6% share of global exports. It was followed by Germany, with a 2.3% share.

From 2012 to 2021, the average annual growth rate of value in China amounted to +6.5%. The remaining exporting countries recorded the following average annual rates of exports growth: Poland (+14.8% per year) and Germany (-5.2% per year).

Export Prices by Country

In 2021, the export price in Puerto Rico amounted to less than $X per ton, approximately reflecting the previous year. Overall, the export price recorded a relatively flat trend pattern.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per ton), while Iran ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+8.6%), while the other leaders experienced more modest paces of growth.

Metal Filing Cabinet Imports

Imports into Puerto Rico

In 2021, approx. less than X kg of filing cabinets, card-index cabinets or desk equipment of base metal were imported into Puerto Rico; flattening at the previous year. In general, imports continue to indicate a relatively flat trend pattern.

In value terms, metal filing cabinet imports stood at less than $X in 2021. Overall, imports saw a relatively flat trend pattern.

Imports by Country

In 2021, the United States (X tons) was the key importer of filing cabinets, card-index cabinets or desk equipment of base metal, making up 46% of total imports. It was distantly followed by Japan (X tons), Indonesia (X tons) and the Philippines (X tons), together constituting an 11% share of total imports. The UK (X tons), Germany (X tons), France (X tons), Spain (X tons), Qatar (X tons), Singapore (X tons), Canada (X tons) and Australia (X tons) followed a long way behind the leaders.

The United States was also the fastest-growing in terms of the filing cabinets, card-index cabinets or desk equipment of base metal imports, with a CAGR of +15.1% from 2012 to 2021. At the same time, Spain (+10.9%) and Japan (+1.6%) displayed positive paces of growth. The UK and Indonesia experienced a relatively flat trend pattern. By contrast, France (-1.6%), Canada (-2.9%), Saudi Arabia (-3.4%), Germany (-4.3%), Australia (-10.0%), Singapore (-10.0%), Qatar (-10.8%) and the Philippines (-17.6%) illustrated a downward trend over the same period. While the share of the United States (+30 p.p.) increased significantly in terms of the global imports from 2012-2021, the share of Australia (-1.5 p.p.), Indonesia (-2 p.p.), Singapore (-2.2 p.p.), Germany (-2.3 p.p.), Qatar (-2.7 p.p.) and Saudi Arabia (-5.3 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported filing cabinets, card-index cabinets or desk equipment of base metal into Puerto Rico, comprising 30% of global imports. The second position in the ranking was held by the UK ($X), with a 5.1% share of global imports. It was followed by Japan, with a 4.9% share.

In the United States, metal filing cabinet imports increased at an average annual rate of +9.1% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: the UK (-0.6% per year) and Japan (-0.2% per year).

Import Prices by Country

The import price in Puerto Rico stood at less than $X per ton in 2021, standing approx. at the previous year. Over the period under review, the import price showed a relatively flat trend pattern.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Spain ($X per ton), while Qatar ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+20.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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