Report Update Jan 1, 2025

Puerto Rico - Base Metal Cored Wire for Electric Arc-Welding - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Cored Arc-Welding Wire Market 2025

Cored Arc-Welding Wire Market Size in Puerto Rico

In 2021, the Puerto Rican cored arc-welding wire market was finally on the rise to reach $X for the first time since 2017, thus ending a three-year declining trend. Over the period under review, consumption, however, recorded a pronounced shrinkage. Puerto Rico consumption peaked at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Cored Arc-Welding Wire Production in Puerto Rico

In value terms, cored arc-welding wire production expanded markedly to $X in 2021 estimated in export price. Overall, production, however, showed a pronounced curtailment. The pace of growth appeared the most rapid in 2017 when the production volume increased by 47% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2021, production growth remained at a lower figure.

Cored Arc-Welding Wire Exports

Exports from Puerto Rico

Cored arc-welding wire exports from Puerto Rico was estimated at less than X kg in 2021, flattening at 2020. Overall, exports saw a relatively flat trend pattern.

In value terms, cored arc-welding wire exports stood at less than $X in 2021. In general, exports recorded a relatively flat trend pattern.

Exports by Country

In 2021, China (X tons), distantly followed by South Korea (X tons), Vietnam (X tons) and the United States (X tons) were the main exporters of cored arc-welding wire, together constituting 64% of total exports. Japan (X tons), Poland (X tons), Italy (X tons), the Netherlands (X tons), the Czech Republic (X tons), Germany (X tons), Malaysia (X tons) and Taiwan (Chinese) (X tons) held a little share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Vietnam (with a CAGR of +13.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest cored arc-welding wire supplying countries from Puerto Rico were China ($X), the United States ($X) and South Korea ($X), with a combined 44% share of total exports. Vietnam, Japan, Germany, Italy, the Netherlands, Poland, the Czech Republic, Malaysia and Taiwan (Chinese) lagged somewhat behind, together comprising a further 37%.

Vietnam, with a CAGR of +8.2%, saw 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 more modest paces of growth.

Export Prices by Country

In 2021, the export price in Puerto Rico amounted to less than $X per ton, leveling off at the previous year. Over the period under review, 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 Germany ($X per ton), while Vietnam ($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 (+3.7%), while the other leaders experienced more modest paces of growth.

Cored Arc-Welding Wire Imports

Imports into Puerto Rico

Cored arc-welding wire imports into Puerto Rico totaled less than X kg in 2021, leveling off at 2020 figures. In general, imports recorded a relatively flat trend pattern.

In value terms, cored arc-welding wire imports totaled less than $X in 2021. Overall, imports saw a relatively flat trend pattern.

Imports by Country

The purchases of the twelve major importers of cored arc-welding wire, namely Japan, Mexico, India, Indonesia, the United States, Canada, China, Thailand, France, the United Arab Emirates, Vietnam and South Korea, represented more than half of total import. Italy (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by France (with a CAGR of +13.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Canada ($X), Mexico ($X) and China ($X) appeared to be the countries with the highest levels of imports in 2021, together comprising 20% of total imports. These countries were followed by the United States, Japan, Thailand, India, Indonesia, the United Arab Emirates, Italy, France, Vietnam and South Korea, which together accounted for a further 33%.

Vietnam, with a CAGR of +6.9%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

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, amid the top importers, the country with the highest price was China ($X per ton), while Japan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+5.1%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for base metal cored wire for electric arc-welding in the world?

The countries with the highest volumes of metal cored wire consumption in 2021 were China, the United States and India, together comprising 52% of global consumption.

What are the largest producers of base metal cored wire for electric arc-welding in the world?

The countries with the highest volumes of metal cored wire production in 2021 were China, the United States and India, together comprising 60% of global production. South Korea, Japan, Vietnam, Poland, Brazil, Italy, Germany and Malaysia lagged somewhat behind, together accounting for a further 27%.

What are the leading suppliers of base metal cored wire for electric arc-welding to Puerto Rico?

In value terms, China, Canada and Mexico were the countries with the highest levels of imports in 2021, with a combined 22% share of total imports.

What are the leading importers of base metal cored wire for electric arc-welding from Puerto Rico?

In value terms, the United States, China and South Korea were the countries with the highest levels of exports in 2021, with a combined 43% share of total exports. Vietnam, Japan, Germany, Italy, the Netherlands, Poland, the Czech Republic and Malaysia lagged somewhat behind, together comprising a further 37%.

What is the average export price for base metal cored wire for electric arc-welding in Puerto Rico?

In 2021, the metal cored wire export price in Puerto Rico amounted to $less than 0.1 per ton, therefore, remained relatively stable against the previous year.

What is the average import price for base metal cored wire for electric arc-welding in Puerto Rico?

In 2021, the metal cored wire import price in Puerto Rico amounted to $less than 0.1 per ton, leveling off at the previous year.

This report provides an in-depth analysis of the cored arc-welding wire 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 25931530 - Base metal cored wire for electric arc-welding (excluding wire and rods of cored solder, the solder consisting of an alloy containing 2 % or more by weight, of any one precious metal)

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
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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
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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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024