Puerto Rico: Bridge Market 2025

Bridge Market Size in Puerto Rico

The Puerto Rican bridge market skyrocketed to $X in 2021, with an increase of 16% against the previous year. Overall, the total consumption indicated measured growth from 2012 to 2021: its value increased at an average annual rate of +3.8% 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 decreased by -11.9% against 2019 indices. Puerto Rico consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Bridge Production in Puerto Rico

In value terms, bridge production skyrocketed to $X in 2021 estimated in export price. In general, the total production indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +3.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -13.6% against 2019 indices. The pace of growth was the most pronounced in 2018 when the production volume increased by 49%. Puerto Rico production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Bridge Exports

Exports from Puerto Rico

In 2021, the amount of bridges, bridge sections, towers and lattice masts (of iron or steel) exported from Puerto Rico amounted to less than X kg, flattening at 2020 figures. Over the period under review, exports showed a relatively flat trend pattern.

In value terms, bridge exports amounted to less than $X in 2021. Overall, exports recorded a relatively flat trend pattern.

Exports by Country

In 2021, China (X tons) and Turkey (X tons) were the key exporters of bridges, bridge sections, towers and lattice masts (of iron or steel)around the world, together making up 30% of total exports. Bahrain (X tons) took the next position in the ranking, followed by India (X tons), Spain (X tons), Denmark (X tons) and Vietnam (X tons). All these countries together took near 32% share of total exports. South Korea (X tons), Thailand (X tons), Malaysia (X tons), Indonesia (X tons), the United Arab Emirates (X tons) and Portugal (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Vietnam (with a CAGR of +30.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest bridge supplying countries from Puerto Rico were China ($X), Turkey ($X) and Denmark ($X), together comprising 33% of total exports. These countries were followed by Spain, South Korea, India, Vietnam, Bahrain, Malaysia, the United Arab Emirates, Portugal, Indonesia and Thailand, which together accounted for a further 40%.

In terms of the main exporting countries, Vietnam, with a CAGR of +25.9%, saw the highest growth rate of 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

The export price in Puerto Rico stood at less than $X per ton in 2021, approximately reflecting the previous year. In general, the export price saw a relatively flat trend pattern.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Korea ($X per ton), while Bahrain ($X per ton) was amongst the lowest.

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

Bridge Imports

Imports into Puerto Rico

In 2021, bridge imports into Puerto Rico totaled less than X kg, flattening at the year before. Over the period under review, imports showed a relatively flat trend pattern.

In value terms, bridge imports totaled less than $X in 2021. Overall, imports continue to indicate a relatively flat trend pattern.

Imports by Country

In 2021, the United States (X tons), followed by Saudi Arabia (X tons), the UK (X tons) and Germany (X tons) were the key importers of bridges, bridge sections, towers and lattice masts (of iron or steel), together creating 29% of total imports. France (X tons), Finland (X tons), the Philippines (X tons), Iraq (X tons), Sweden (X tons), Bangladesh (X tons), Spain (X tons), the Netherlands (X tons) and Pakistan (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 the Netherlands (with a CAGR of +25.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), the UK ($X) and France ($X) appeared to be the countries with the highest levels of imports in 2021, together accounting for 25% of total imports. Germany, the Philippines, Finland, the Netherlands, Sweden, Saudi Arabia, Spain, Iraq, Bangladesh and Pakistan lagged somewhat behind, together accounting for a further 28%.

Among the main importing countries, Bangladesh, with a CAGR of +24.4%, recorded the highest rates of growth with regard to 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 ton in 2021, stabilizing at the previous year. Overall, the import price continues to indicate a relatively flat trend pattern.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was France ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bangladesh (+0.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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