South-Eastern Asia: Metal Filing Cabinet Market 2024

Metal Filing Cabinet Market Size in South-Eastern Asia

For the third consecutive year, the Southeast Asian metal filing cabinet market recorded growth in sales value, which increased by X% to $X in 2023. Overall, consumption, however, recorded a mild curtailment. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2023, consumption failed to regain momentum.

Metal Filing Cabinet Production in South-Eastern Asia

In value terms, metal filing cabinet production rose modestly to $X in 2023 estimated in export price. Over the period under review, production, however, showed a perceptible descent. The growth pace was the most rapid in 2021 when the production volume increased by X%. The level of production peaked at $X in 2012; however, from 2013 to 2023, production stood at a somewhat lower figure.

Metal Filing Cabinet Exports

Exports in South-Eastern Asia

For the third year in a row, South-Eastern Asia recorded decline in shipments abroad of filing cabinets, card-index cabinets or desk equipment of base metal, which decreased by X% to X tons in 2023. Overall, exports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

In value terms, metal filing cabinet exports declined significantly to $X in 2023. In general, exports showed a abrupt setback. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, the exports reached the peak of $X. From 2015 to 2023, the growth of the exports remained at a lower figure.

Exports by Country

The shipments of the five major exporters of filing cabinets, card-index cabinets or desk equipment of base metal, namely Malaysia, Vietnam, Indonesia, Thailand and Singapore, represented more than two-thirds of total export. The Philippines (X tons) took a relatively small share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Vietnam (with a CAGR of X%), while the other leaders experienced a decline in the exports figures.

In value terms, Singapore ($X), Malaysia ($X) and Thailand ($X) were the countries with the highest levels of exports in 2023, together accounting for X% of total exports. Vietnam, Indonesia and the Philippines lagged somewhat behind, together accounting for a further X%.

Vietnam, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in South-Eastern Asia stood at $X per ton in 2023, declining by X% against the previous year. Overall, the export price showed a slight downturn. The most prominent rate of growth was recorded in 2022 an increase of X%. The level of export peaked at $X per ton in 2015; however, from 2016 to 2023, the export prices remained at a lower figure.

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 Singapore ($X per ton), while Indonesia ($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 Philippines (X%), while the other leaders experienced mixed trends in the export price figures.

Metal Filing Cabinet Imports

Imports in South-Eastern Asia

In 2023, supplies from abroad of filing cabinets, card-index cabinets or desk equipment of base metal increased by X% to X tons, rising for the second year in a row after four years of decline. In general, imports, however, recorded a slight curtailment. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2023, the growth of imports remained at a lower figure.

In value terms, metal filing cabinet imports soared to $X in 2023. Over the period under review, imports continue to indicate a relatively flat trend pattern. The level of import peaked at $X in 2019; however, from 2020 to 2023, imports failed to regain momentum.

Imports by Country

In 2023, the Philippines (X tons) and Indonesia (X tons) were the main importers of filing cabinets, card-index cabinets or desk equipment of base metal in South-Eastern Asia, together reaching near X% of total imports. Malaysia (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Thailand (X%) and Singapore (X%). The following importers - Vietnam (X tons) and Cambodia (X tons) - together made up X% of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Cambodia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Philippines ($X), Thailand ($X) and Indonesia ($X) constituted the countries with the highest levels of imports in 2023, together comprising X% of total imports.

Among the main importing countries, the Philippines, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in South-Eastern Asia amounted to $X per ton, growing by X% against the previous year. Overall, the import price showed pronounced growth. The most prominent rate of growth was recorded in 2018 an increase of X%. The level of import peaked in 2023 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Thailand ($X per ton), while Malaysia ($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 Philippines (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform