Thailand: Metal Filing Cabinet Market 2024

Metal Filing Cabinet Market Size in Thailand

For the third consecutive year, the Thai metal filing cabinet market recorded growth in sales value, which increased by X% to $X in 2023. Overall, consumption, however, showed a perceptible decrease. Metal filing cabinet consumption peaked at $X in 2012; however, from 2013 to 2023, consumption remained at a lower figure.

Metal Filing Cabinet Production in Thailand

In value terms, metal filing cabinet production amounted to $X in 2023 estimated in export price. Over the period under review, production, however, saw a deep setback. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. Metal filing cabinet production peaked at $X in 2012; however, from 2013 to 2023, production stood at a somewhat lower figure.

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Metal Filing Cabinet Exports

Exports from Thailand

In 2023, shipments abroad of filing cabinets, card-index cabinets or desk equipment of base metal decreased by X% to X tons, falling for the sixth year in a row after two years of growth. Overall, exports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, the exports attained the peak of X tons. From 2015 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, metal filing cabinet exports declined to $X in 2023. In general, exports recorded a deep slump. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2023, the exports remained at a lower figure.

Exports by Country

Lao People's Democratic Republic (X tons), Myanmar (X tons) and Singapore (X tons) were the main destinations of metal filing cabinet exports from Thailand, together accounting for X% of total exports. Cambodia, the United States, Congo and Japan lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the biggest increases were recorded for Congo (with a CAGR of X%), while shipments for the other leaders experienced a decline.

In value terms, the largest markets for metal filing cabinet exported from Thailand were Lao People's Democratic Republic ($X), Myanmar ($X) and Singapore ($X), with a combined X% share of total exports. The United States, Cambodia, Congo and Japan lagged somewhat behind, together accounting for a further X%.

Congo, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average metal filing cabinet export price stood at $X per ton in 2023, with an increase of X% against the previous year. Over the period under review, the export price, however, recorded a noticeable decrease. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to Cambodia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Filing Cabinet Imports

Imports into Thailand

In 2023, purchases abroad of filing cabinets, card-index cabinets or desk equipment of base metal increased by X% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, imports, however, recorded a slight shrinkage. The pace of growth was the most pronounced in 2022 when imports increased by X%. Imports peaked at X tons in 2018; however, from 2019 to 2023, imports failed to regain momentum.

In value terms, metal filing cabinet imports soared to $X in 2023. In general, imports recorded a notable expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2023, China (X tons) constituted the largest supplier of metal filing cabinet to Thailand, accounting for a X% share of total imports. Moreover, metal filing cabinet imports from China exceeded the figures recorded by the second-largest supplier, Singapore (X tons), fourfold. The United States (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (X% per year) and the United States (X% per year).

In value terms, Singapore ($X) constituted the largest supplier of filing cabinets, card-index cabinets or desk equipment of base metal to Thailand, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by the United States, with a X% share.

From 2012 to 2023, the average annual growth rate of value from Singapore totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and the United States (X% per year).

Import Prices by Country

In 2023, the average metal filing cabinet import price amounted to $X per ton, growing by X% against the previous year. In general, the import price posted resilient growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform