
Puerto Rico - Articles of Twine, Cordage, Rope or Cables - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPuerto Rico: Twine Product Market 2022
Twine Product Market Size in Puerto Rico
The Puerto Rican twine product market stood at $X in 2021, remaining stable against the previous year. Overall, consumption posted a resilient expansion. As a result, consumption attained the peak level of $X; afterwards, it flattened through to 2021.
Twine Product Production in Puerto Rico
In value terms, twine product production dropped modestly to $X in 2021 estimated in export price. Over the period under review, production recorded a resilient expansion. The most prominent rate of growth was recorded in 2019 with an increase of 92%. Puerto Rico production peaked at $X in 2020, and then reduced in the following year.
Twine Product Exports
Exports by Country
China prevails in exports structure, reaching X tons, which was approx. 65% of total exports in 2021. India (X tons), Germany (X tons), Portugal (X tons), the Netherlands (X tons), the United States (X tons), Vietnam (X tons), Taiwan (Chinese) (X tons), Bangladesh (X tons) and Turkey (X tons) followed a long way behind the leaders.
Exports from China increased at an average annual rate of +11.3% from 2012 to 2021. At the same time, Bangladesh (+48.7%), Turkey (+23.1%), Vietnam (+17.7%), Portugal (+15.3%), the Netherlands (+13.3%), India (+13.1%) and Germany (+4.7%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing exporter exported in the world, with a CAGR of +48.7% from 2012-2021. The United States and Taiwan (Chinese) experienced a relatively flat trend pattern. From 2012 to 2021, the share of China and Bangladesh increased by +11 and +2 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, China ($X) remains the largest twine product supplier from Puerto Rico, comprising 50% of global exports. The second position in the ranking was taken by Germany ($X), with a 6.6% share of global exports. It was followed by the United States, with a 4.5% share.
In China, twine product exports expanded at an average annual rate of +12.1% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Germany (+5.3% per year) and the United States (+6.3% per year).
Export Prices by Country
In 2021, the export price in Puerto Rico amounted to less than $X per ton, stabilizing at the previous year. Over the period under review, the export price showed a relatively flat trend pattern.
There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Germany ($X per ton), while Bangladesh ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+5.5%), while the other leaders experienced more modest paces of growth.
Twine Product Imports
Imports by Country
In 2021, the United States (X tons) represented the largest importer of articles of twine, cordage, rope or cables, constituting 30% of total imports. Germany (X tons) ranks second in terms of the total imports with a 7% share, followed by the Netherlands (5.3%). The following importers - the UK (X tons), Mexico (X tons), France (X tons), Canada (X tons), Italy (X tons), Australia (X tons), South Korea (X tons), Spain (X tons), Japan (X tons) and Belgium (X tons) - together made up 27% of total imports.
Imports into the United States increased at an average annual rate of +5.7% from 2012 to 2021. At the same time, South Korea (+17.0%), the Netherlands (+15.1%), Germany (+12.8%), Belgium (+11.7%), Australia (+11.3%), France (+11.3%), Mexico (+7.9%), Canada (+6.2%), Italy (+6.2%), the UK (+4.4%) and Spain (+3.4%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing importer imported in the world, with a CAGR of +17.0% from 2012-2021. Japan experienced a relatively flat trend pattern. From 2012 to 2021, the share of Germany and the Netherlands increased by +2.8 and +2.7 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the United States ($X) constitutes the largest market for imported articles of twine, cordage, rope or cables into Puerto Rico, comprising 29% of global imports. The second position in the ranking was held by Germany ($X), with a 6.8% share of global imports. It was followed by Mexico, with a 3.8% share.
From 2012 to 2021, the average annual rate of growth in terms of value in the United States totaled +2.3%. In the other countries, the average annual rates were as follows: Germany (+16.0% per year) and Mexico (+8.5% per year).
Import Prices by Country
In 2021, the import price in Puerto Rico amounted to less than $X per ton, almost unchanged from the previous year. Over the period under review, the import price recorded a relatively flat trend pattern.
There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Japan ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+2.9%), while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the twine product 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 13941280 - Articles of twine, cordage, rope or cables
Country coverage:
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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