Sri Lanka: Metal Filing Cabinet Market 2022

Metal Filing Cabinet Market Size in Sri Lanka

In 2021, the Sri Lankan metal filing cabinet market decreased by -X% to $X, falling for the second consecutive year after two years of growth. In general, consumption faced a sharp slump. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market remained at a lower figure.

Metal Filing Cabinet Exports

Exports from Sri Lanka

In 2021, the amount of filing cabinets, card-index cabinets or desk equipment of base metal exported from Sri Lanka contracted notably to X kg, dropping by -X% against the previous year. Over the period under review, exports continue to indicate a pronounced curtailment. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The exports peaked at X kg in 2020, and then shrank notably in the following year.

In value terms, metal filing cabinet exports declined markedly to $X in 2021. Overall, exports continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Ethiopia (X kg), the United States (X kg) and Maldives (X kg) were the main destinations of metal filing cabinet exports from Sri Lanka.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of X%), while the other leaders experienced a decline.

In value terms, the United States ($X), Ethiopia ($X) and Maldives ($X) appeared to be the largest markets for metal filing cabinet exported from Sri Lanka worldwide.

Among the main countries of destination, Ethiopia, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average metal filing cabinet export price stood at $X per ton in 2021, growing by X% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible reduction. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Maldives ($X per ton), while the average price for exports to Ethiopia ($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 Ethiopia (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Filing Cabinet Imports

Imports into Sri Lanka

In 2021, overseas purchases of filing cabinets, card-index cabinets or desk equipment of base metal decreased by -X% to X tons, falling for the second year in a row after four years of growth. Overall, imports saw a precipitous decrease. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2021, the growth of imports failed to regain momentum.

In value terms, metal filing cabinet imports dropped dramatically to $X in 2021. In general, imports continue to indicate a precipitous slump. The growth pace was the most rapid in 2019 when imports increased by X%. As a result, imports attained the peak of $X. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Japan (X tons) constituted the largest metal filing cabinet supplier to Sri Lanka, accounting for a X% share of total imports. Moreover, metal filing cabinet imports from Japan exceeded the figures recorded by the second-largest supplier, China (X kg), fourfold. The third position in this ranking was held by India (X kg), with a X% share.

From 2012 to 2021, the average annual growth rate of volume from Japan was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (-X% per year) and India (-X% per year).

In value terms, China ($X) constituted the largest supplier of metal filing cabinet to Sri Lanka, comprising X% of total imports. The second position in the ranking was taken by Japan ($X), with a X% share of total imports. It was followed by the United States, with a X% share.

From 2012 to 2021, the average annual growth rate of value from China totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and the United States (-X% per year).

Import Prices by Country

The average metal filing cabinet import price stood at $X per ton in 2021, with a decrease of -X% against the previous year. Over the period under review, the import price continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. The import price peaked at $X per ton in 2020, and then declined dramatically in the following year.

Prices varied noticeably countryorigin: the country with the highest price was China ($X per ton), while the price for Japan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

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