U.S.: Metal Filing Cabinet Market 2023

Metal Filing Cabinet Market Size in the U.S.

The U.S. metal filing cabinet market skyrocketed to $X in 2021, with an increase of 45% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +7.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Metal Filing Cabinet Exports

Exports from the U.S.

In 2021, after three years of decline, there was significant growth in overseas shipments of filing cabinets, card-index cabinets or desk equipment of base metal, when their volume increased by 38% to X tons. Overall, exports, however, recorded a perceptible reduction. 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 surged to $X in 2021. In general, total exports indicated measured growth from 2012 to 2021: its value increased at an average annual rate of +2.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 when exports increased by 64%. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Canada (X tons) was the main destination for metal filing cabinet exports from the United States, with a 25% share of total exports. Moreover, metal filing cabinet exports to Canada exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), threefold. Kazakhstan (X tons) ranked third in terms of total exports with a 6.2% share.

From 2012 to 2021, the average annual growth rate of volume to Canada stood at -10.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (-3.1% per year) and Kazakhstan (+14.2% per year).

In value terms, Canada ($X) remains the key foreign market for filing cabinets, card-index cabinets or desk equipment of base metal exports from the United States, comprising 32% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with a 7.7% share of total exports. It was followed by Saudi Arabia, with a 3.1% share.

From 2012 to 2021, the average annual growth rate of value to Canada amounted to -1.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (+26.0% per year) and Saudi Arabia (+51.2% per year).

Export Prices by Country

In 2021, the average metal filing cabinet export price amounted to $X per ton, which is down by -12.8% against the previous year. Over the period under review, export price indicated strong growth from 2012 to 2021: its price increased at an average annual rate of +7.1% 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 export price increased by +86.3% against 2013 indices. The pace of growth was the most pronounced in 2014 when the average export price increased by 23%. Over the period under review, the average export prices reached the maximum at $X per ton in 2020, and then dropped in the following year.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to Venezuela ($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 Anguilla (+25.2%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Filing Cabinet Imports

Imports into the U.S.

In 2021, the amount of filing cabinets, card-index cabinets or desk equipment of base metal imported into the United States soared to X tons, rising by 68% on 2020. Overall, imports recorded strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, metal filing cabinet imports skyrocketed to $X in 2021. Over the period under review, imports recorded prominent growth. The most prominent rate of growth was recorded in 2015 when imports increased by 44%. Imports peaked in 2021 and are likely to continue growth in years to come.

Imports by Country

In 2021, China (X tons) was the main metal filing cabinet supplier to the United States, accounting for a approx. 98% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +15.5%.

In value terms, China ($X) constituted the largest supplier of filing cabinets, card-index cabinets or desk equipment of base metal to the United States.

From 2012 to 2021, the average annual growth rate of value from China amounted to +9.4%.

Import Prices by Country

The average metal filing cabinet import price stood at $X per ton in 2021, declining by -18% against the previous year. Over the period under review, the import price showed a abrupt decline. The most prominent rate of growth was recorded in 2015 an increase of 7.7%. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2021, the rate of growth in terms of prices for China amounted to -5.2% per year.

Source: IndexBox Platform

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