Report Update Nov 1, 2024

Puerto Rico - Accordions and Mouth Organs - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Accordion Market 2024

Accordion Market Size in Puerto Rico

The Puerto Rican accordion market stood at less than $X in 2021, remaining constant 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). Overall, consumption showed a relatively flat trend pattern.

Accordion Exports

Exports from Puerto Rico

Accordion exports from Puerto Rico stood at less than X units in 2021, approximately equating 2020. Over the period under review, exports continue to indicate a relatively flat trend pattern.

In value terms, accordion exports totaled less than $X in 2021. Overall, exports saw a relatively flat trend pattern.

Exports by Country

In 2021, China (X units), distantly followed by Indonesia (X units), Germany (X units), the Netherlands (X units) and Japan (X units) were the key exporters of accordions and mouth organs, together constituting 75% of total exports. France (X units), Italy (X units), Taiwan (Chinese) (X units), Spain (X units), Belgium (X units), South Korea (X units) and the United States (X units) took a minor share of total exports.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +13.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest accordion supplying countries from Puerto Rico were China ($X), France ($X) and Japan ($X), with a combined 52% share of total exports. Germany, Indonesia, Italy, the United States, Taiwan (Chinese), the Netherlands, Spain, Belgium and South Korea lagged somewhat behind, together accounting for a further 37%.

Among the main exporting countries, the Netherlands, with a CAGR of +7.9%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in Puerto Rico amounted to less than $X per thousand units, remaining constant against the previous year. In general, the export price continues to indicate 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 the United States ($X per thousand units), while the Netherlands ($X per thousand units) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+21.1%), while the other leaders experienced more modest paces of growth.

Accordion Imports

Imports into Puerto Rico

In 2021, approx. less than X units of accordions and mouth organs were imported into Puerto Rico; stabilizing at 2020. Overall, imports recorded a relatively flat trend pattern.

In value terms, accordion imports stood at less than $X in 2021. Over the period under review, imports showed a relatively flat trend pattern.

Imports by Country

In 2021, Japan (X units), distantly followed by the United States (X units), the Netherlands (X units), Germany (X units) and Portugal (X units) represented the main importers of accordions and mouth organs, together generating 49% of total imports. South Korea (X units), China (X units), France (X units), the UK (X units), Italy (X units), Spain (X units), Turkey (X units) and Hong Kong SAR (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +22.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Japan ($X) and Germany ($X) appeared to be the countries with the highest levels of imports in 2021, together comprising 42% of total imports. South Korea, China, France, Hong Kong SAR, Portugal, Italy, the UK, Spain, the Netherlands and Turkey lagged somewhat behind, together accounting for a further 35%.

Among the main importing countries, China, with a CAGR of +17.9%, recorded the highest growth rate of 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

The import price in Puerto Rico stood at less than $X per thousand units in 2021, remaining constant against the previous year. Over the period under review, the import price saw 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 the United States ($X per thousand units), while Turkey ($X per thousand units) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+6.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for accordions and mouth organs in the world?

The country with the largest volume of accordion consumption was El Salvador, accounting for 28% of total volume. Moreover, accordion consumption in El Salvador exceeded the figures recorded by the second-largest consumer, the U.S., twofold. The third position in this ranking was occupied by China, with a 11% share.

What are the largest producers of accordions and mouth organs in the world?

China remains the largest accordion producing country worldwide, accounting for 53% of total volume. Moreover, accordion production in China exceeded the figures recorded by the second-largest producer, Indonesia, sixfold. The third position in this ranking was occupied by India, with a 6.6% share.

What are the leading suppliers of accordions and mouth organs to Puerto Rico?

In value terms, the U.S. constitutes the largest market for imported accordions and mouth organs into Puerto Rico, comprising 24% of global imports. The second position in the ranking was occupied by Germany, with a 11% share of global imports. It was followed by Japan, with a 10% share.

What are the leading importers of accordions and mouth organs from Puerto Rico?

In value terms, China, Japan and Germany appeared to be the countries with the highest levels of exports in 2020, with a combined 52% share of total exports. These countries were followed by Indonesia, the Netherlands and South Korea, which together accounted for a further 9.3%.

What is the average export price for accordions and mouth organs in Puerto Rico?

In 2020, the accordion export price in Puerto Rico amounted to $0 per thousand units, remaining relatively unchanged against the previous year.

What is the average import price for accordions and mouth organs in Puerto Rico?

The accordion import price in Puerto Rico stood at $0 per thousand units in 2020, therefore, remained relatively stable against the previous year.

This report provides an in-depth analysis of the accordion market in Puerto Rico. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 32201340 - Accordions and similar instruments, mouth organs

Country coverage:

Puerto Rico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Puerto Rico
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023