Puerto Rico: Computing Machinery Market 2024

Computing Machinery Market Size in Puerto Rico

The Puerto Rican computing machinery market amounted to less than $X in 2021, standing approx. at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a relatively flat trend pattern.

Computing Machinery Exports

Exports from Puerto Rico

In 2021, approx. less than X kg of computing machinery and parts and accessories thereof were exported from Puerto Rico; remaining stable against the year before. Over the period under review, exports recorded a relatively flat trend pattern.

In value terms, computing machinery exports totaled less than $X in 2021. In general, exports showed a relatively flat trend pattern.

Exports by Country

China was the major exporter of computing machinery and parts and accessories thereof in the world, with the volume of exports resulting at X tons, which was near 42% of total exports in 2021. The Netherlands (X tons) took a 10% share (based on physical terms) of total exports, which put it in second place, followed by Hong Kong SAR (6.9%). Thailand (X tons), Germany (X tons), Mexico (X tons), Vietnam (X tons), the United States (X tons), Japan (X tons), Taiwan (Chinese) (X tons), Singapore (X tons), Malaysia (X tons) and the Czech Republic (X tons) held a minor share of total exports.

From 2012 to 2021, average annual rates of growth with regard to computing machinery exports from China stood at -1.1%. At the same time, Mexico (+18.9%), Thailand (+7.2%), Taiwan (Chinese) (+5.2%), the Netherlands (+3.5%) and Vietnam (+1.8%) displayed positive paces of growth. Moreover, Mexico emerged as the fastest-growing exporter exported in the world, with a CAGR of +18.9% from 2012-2021. By contrast, the Czech Republic (-2.8%), Germany (-3.2%), Japan (-4.6%), Hong Kong SAR (-5.3%), Singapore (-5.8%), the United States (-7.1%) and Malaysia (-9.9%) illustrated a downward trend over the same period. While the share of China (+4.8 p.p.), the Netherlands (+4.2 p.p.), Mexico (+3.2 p.p.) and Thailand (+2.5 p.p.) increased significantly in terms of the global exports from 2012-2021, the share of the United States (-1.7 p.p.), Hong Kong SAR (-2.2 p.p.) and Malaysia (-2.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest computing machinery supplier from Puerto Rico, comprising 36% of global exports. The second position in the ranking was taken by Hong Kong SAR ($X), with a 9.9% share of global exports. It was followed by the Netherlands, with a 7.6% share.

From 2012 to 2021, the average annual growth rate of value in China totaled +1.5%. In the other countries, the average annual rates were as follows: Hong Kong SAR (+3.5% per year) and the Netherlands (+4.7% per year).

Export Prices by Country

The export price in Puerto Rico stood at less than $X per ton in 2021, remaining relatively unchanged against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+18.1%), while the other leaders experienced more modest paces of growth.

Computing Machinery Imports

Imports into Puerto Rico

In 2021, the amount of computing machinery and parts and accessories thereof imported into Puerto Rico was estimated at less than X kg, standing approx. at 2020 figures. Over the period under review, imports continue to indicate a relatively flat trend pattern.

In value terms, computing machinery imports totaled less than $X in 2021. Overall, imports showed a relatively flat trend pattern.

Imports by Country

In 2021, the United States (X tons), distantly followed by the Netherlands (X tons), Germany (X tons), Hong Kong SAR (X tons) and the Czech Republic (X tons) represented the main importers of computing machinery and parts and accessories thereof, together constituting 49% of total imports. The following importers - China (X tons), Japan (X tons), France (X tons), the UK (X tons), India (X tons), Singapore (X tons), Mexico (X tons) and the United Arab Emirates (X tons) - together made up 20% 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 Czech Republic (with a CAGR of +10.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constitutes the largest market for imported computing machinery and parts and accessories thereof into Puerto Rico, comprising 22% of global imports. The second position in the ranking was held by Hong Kong SAR ($X), with a 7.9% share of global imports. It was followed by China, with a 7.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value in the United States amounted to +3.0%. The remaining importing countries recorded the following average annual rates of imports growth: Hong Kong SAR (+1.3% per year) and China (+4.3% per year).

Import Prices by Country

The import price in Puerto Rico stood at less than $X per ton in 2021, approximately mirroring the previous year. Over the period under review, the import price showed a relatively flat trend pattern.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+17.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :