Report Update Nov 1, 2024

Puerto Rico - Base Metal Hooks, Eyes and Eyelets - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Base Metal Hook Market 2024

Base Metal Hook Market Size in Puerto Rico

The Puerto Rican base metal hook market fell to $X in 2021, declining by -12.2% against the previous year. In general, the total consumption indicated slight growth from 2012 to 2021: its value increased at an average annual rate of +1.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +16.1% against 2019 indices. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Base Metal Hook Production in Puerto Rico

In value terms, base metal hook production reduced to $X in 2021 estimated in export price. In general, the total production indicated a temperate expansion from 2012 to 2021: its value increased at an average annual rate of +3.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +21.0% against 2019 indices. The pace of growth was the most pronounced in 2014 with an increase of 58%. Puerto Rico production peaked at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.

Base Metal Hook Exports

Exports by Country

China dominates exports structure, recording X tons, which was approx. 72% of total exports in 2021. Taiwan (Chinese) (X tons), Hong Kong SAR (X tons), South Korea (X tons), Germany (X tons), Greece (X tons), Austria (X tons) and Italy (X tons) held a relatively small share of total exports.

Exports from China decreased at an average annual rate of -5.3% from 2012 to 2021. At the same time, Greece (+81.6%), Austria (+28.3%), Germany (+4.6%) and South Korea (+2.3%) displayed positive paces of growth. Moreover, Greece emerged as the fastest-growing exporter exported in the world, with a CAGR of +81.6% from 2012-2021. Hong Kong SAR and Italy experienced a relatively flat trend pattern. By contrast, Taiwan (Chinese) (-5.9%) illustrated a downward trend over the same period. Greece (+2.3 p.p.) and Austria (+2.1 p.p.) significantly strengthened its position in terms of the global exports, while China saw its share reduced by -11.7% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest base metal hook supplier from Puerto Rico, comprising 67% of global exports. The second position in the ranking was held by Hong Kong SAR ($X), with a 7.6% share of global exports. It was followed by South Korea, with a 4.7% share.

In China, base metal hook exports expanded at an average annual rate of +4.3% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Hong Kong SAR (+4.8% per year) and South Korea (+3.4% per year).

Base Metal Hook Imports

Imports by Country

In 2021, Belgium (X tons) and Vietnam (X tons) were the largest importers of base metal hooks, eyes and eyeletsaround the world, together reaching near 19% of total imports. Indonesia (X tons) held the next position in the ranking, followed by Bangladesh (X tons). All these countries together took near 11% share of total imports. Hong Kong SAR (X tons), India (X tons), France (X tons), Thailand (X tons), Greece (X tons), Malaysia (X tons), Germany (X tons), Nigeria (X tons) and China (X tons) took a little share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Greece (with a CAGR of +54.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X) constitutes the largest market for imported base metal hooks, eyes and eyelets into Puerto Rico, comprising 17% of global imports. The second position in the ranking was held by Indonesia ($X), with a 7.6% share of global imports. It was followed by Hong Kong SAR, with a 7% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Vietnam totaled +14.1%. In the other countries, the average annual rates were as follows: Indonesia (+5.9% per year) and Hong Kong SAR (+8.2% per year).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for base metal hooks, eyes and eyelets in the world?

China constituted the country with the largest volume of base metal hook consumption, comprising approx. 38% of total volume. Moreover, base metal hook consumption in China exceeded the figures recorded by the second-largest consumer, India, fivefold. The United States ranked third in terms of total consumption with a 7.1% share.

What are the largest producers of base metal hooks, eyes and eyelets in the world?

The country with the largest volume of base metal hook production was China, comprising approx. 58% of total volume. Moreover, base metal hook production in China exceeded the figures recorded by the second-largest producer, India, eightfold. The United States ranked third in terms of total production with a 6.9% share.

What are the leading suppliers of base metal hooks, eyes and eyelets to Puerto Rico?

In value terms, the largest base metal hook importing markets into Puerto Rico were Vietnam, Indonesia and Hong Kong SAR, with a combined 29% share of total imports. These countries were followed by China, France, Bangladesh, India, Germany, Thailand, Myanmar, Greece, Malaysia and Nigeria, which together accounted for a further 30%.

What are the leading importers of base metal hooks, eyes and eyelets from Puerto Rico?

In value terms, China remains the largest base metal hook supplier from Puerto Rico, comprising 44% of global exports. The second position in the ranking was occupied by Hong Kong SAR, with a 13% share of global exports. It was followed by South Korea, with a 6.4% share.

What is the average export price for base metal hooks, eyes and eyelets in Puerto Rico?

The export price in Puerto Rico stood at less than $0.1 per ton in 2021, standing approx. at the previous year.

What is the average import price for base metal hooks, eyes and eyelets in Puerto Rico?

The import price in Puerto Rico stood at less than $0.1 per ton in 2021, stabilizing at the previous year.

This report provides an in-depth analysis of the base metal hook 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 25992530 - Base metal hooks, eyes, eyelets and the like, used for clothing, footwear, awnings, handbags, travel goods or other made-up articles excluding snap hooks, rivets, press studs and push buttons

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