Puerto Rico - Base Metal Staples in Strips for Use in Offices - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPuerto Rico: Office Metal Staple Market 2024
Office Metal Staple Market Size in Puerto Rico
The Puerto Rican office metal staple market was finally on the rise to reach $X in 2021, after three years of decline. Over the period under review, the total consumption indicated a modest increase from 2012 to 2021: its value increased at an average annual rate of +1.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -32.7% against 2017 indices. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.
Office Metal Staple Production in Puerto Rico
In value terms, office metal staple production surged to $X in 2021 estimated in export price. Overall, the total production indicated a slight increase from 2012 to 2021: its value increased at an average annual rate of +1.1% 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 decreased by -33.1% against 2017 indices. The growth pace was the most rapid in 2015 when the production volume increased by 27%. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.
Office Metal Staple Exports
Exports by Country
China dominates exports structure, reaching X tons, which was approx. 51% of total exports in 2021. Thailand (X tons) ranks second in terms of the total exports with a 5.7% share, followed by Germany (5.2%) and South Korea (4.7%). The Netherlands (X tons), Taiwan (Chinese) (X tons), Poland (X tons), Austria (X tons), Italy (X tons), the United States (X tons), India (X tons), Belgium (X tons) and Sweden (X tons) followed a long way behind the leaders.
From 2012 to 2021, average annual rates of growth with regard to office metal staple exports from China stood at +5.0%. At the same time, Thailand (+43.0%), South Korea (+17.9%), Austria (+13.1%), Poland (+11.8%), Italy (+7.5%), the Netherlands (+6.7%), India (+6.0%) and Taiwan (Chinese) (+5.5%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in the world, with a CAGR of +43.0% from 2012-2021. Belgium, Germany and Sweden experienced a relatively flat trend pattern. By contrast, the United States (-5.3%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Thailand and South Korea increased by +5.3 and +3 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, China ($X) remains the largest office metal staple supplier from Puerto Rico, comprising 41% of global exports. The second position in the ranking was held by Germany ($X), with a 7.8% share of global exports. It was followed by Taiwan (Chinese), with a 3.9% share.
In China, office metal staple exports increased at an average annual rate of +5.7% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Germany (-0.1% per year) and Taiwan (Chinese) (+3.4% per year).
Office Metal Staple Imports
Imports by Country
In 2021, the United States (X tons) was the main importer of base metal staples in strips for use in offices, committing 32% of total imports. Mexico (X tons) ranks second in terms of the total imports with a 5% share, followed by Indonesia (4.6%). The following importers - Germany (X tons), the Netherlands (X tons), Canada (X tons), Spain (X tons), Poland (X tons), the UK (X tons), Russia (X tons), France (X tons), Italy (X tons) and Brazil (X tons) - together made up 27% of total imports.
Imports into the United States increased at an average annual rate of +6.9% from 2012 to 2021. At the same time, Indonesia (+15.8%), Spain (+14.9%), Poland (+11.8%), Brazil (+5.1%), Italy (+4.3%), the Netherlands (+4.3%), the UK (+2.0%), France (+1.8%) and Germany (+1.7%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing importer imported in the world, with a CAGR of +15.8% from 2012-2021. Canada and Russia experienced a relatively flat trend pattern. By contrast, Mexico (-1.8%) illustrated a downward trend over the same period. The United States (+5.2 p.p.), Indonesia (+2.8 p.p.) and Spain (+1.6 p.p.) significantly strengthened its position in terms of the global imports, while Canada and Mexico saw its share reduced by -1.7% and -4% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the United States ($X) constitutes the largest market for imported base metal staples in strips for use in offices into Puerto Rico, comprising 28% of global imports. The second position in the ranking was taken by Germany ($X), with a 6.2% share of global imports. It was followed by Mexico, with a 4% share.
From 2012 to 2021, the average annual growth rate of value in the United States amounted to +5.1%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+2.5% per year) and Mexico (+1.8% per year).
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the office metal staple 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 25992350 - Base metal staples in strips for use in offices, upholstery and packaging
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 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- 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 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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