Puerto Rico - Plastic Disposable Tableware and Kitchenware - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPuerto Rico: Market for Plastic Tableware And Kitchenware 2024
Market Size for Plastic Tableware And Kitchenware in Puerto Rico
The Puerto Rican plastic tableware and kitchenware market fell to $X in 2021, dropping by -5.3% against the previous year. Over the period under review, consumption, however, continues to indicate a abrupt descent. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.
Production of Plastic Tableware And Kitchenware in Puerto Rico
In value terms, plastic tableware and kitchenware production contracted to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a abrupt descent. The growth pace was the most rapid in 2013 when the production volume increased by 20% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a lower figure.
Exports of Plastic Tableware And Kitchenware
Exports by Country
China dominates exports structure, resulting at X tons, which was near 59% of total exports in 2021. It was distantly followed by Turkey (X tons), generating a 4.9% share of total exports. Mexico (X tons), Taiwan (Chinese) (X tons), the United States (X tons), Italy (X tons), the Netherlands (X tons), India (X tons), Germany (X tons) and Belgium (X tons) followed a long way behind the leaders.
From 2012 to 2021, average annual rates of growth with regard to plastic tableware and kitchenware exports from China stood at +9.6%. At the same time, Mexico (+13.3%), Turkey (+11.7%), Taiwan (Chinese) (+7.4%), the Netherlands (+3.2%) and India (+2.3%) displayed positive paces of growth. Moreover, Mexico emerged as the fastest-growing exporter exported in the world, with a CAGR of +13.3% from 2012-2021. The United States experienced a relatively flat trend pattern. By contrast, Italy (-2.4%), Germany (-2.5%) and Belgium (-3.5%) illustrated a downward trend over the same period. While the share of China (+16 p.p.), Turkey (+1.9 p.p.) and Mexico (+1.7 p.p.) increased significantly in terms of the global exports from 2012-2021, the share of Belgium (-1.6 p.p.), Germany (-1.7 p.p.), the United States (-1.8 p.p.) and Italy (-2.2 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, China ($X) remains the largest plastic tableware and kitchenware supplier from Puerto Rico, comprising 60% of global exports. The second position in the ranking was held by the United States ($X), with a 3.3% share of global exports. It was followed by Turkey, with a 2.9% share.
In China, plastic tableware and kitchenware exports expanded at an average annual rate of +15.0% over the period from 2012-2021. In the other countries, the average annual rates were as follows: the United States (+1.0% per year) and Turkey (+9.7% per year).
Imports of Plastic Tableware And Kitchenware
Imports by Country
In 2021, the United States (X tons) represented the key importer of plastic tableware and kitchenware, constituting 41% of total imports. The following importers - Germany (X tons), France (X tons), the UK (X tons), the Netherlands (X tons), Canada (X tons), Saudi Arabia (X tons), Japan (X tons), Belgium (X tons), Italy (X tons), Spain (X tons), Hong Kong SAR (X tons) and Australia (X tons) - together made up 25% of total imports.
The United States was also the fastest-growing in terms of the plastic tableware and kitchenware imports, with a CAGR of +11.1% from 2012 to 2021. At the same time, the Netherlands (+3.4%), Saudi Arabia (+3.1%), Italy (+2.8%), Spain (+1.7%), Belgium (+1.7%) and Germany (+1.1%) displayed positive paces of growth. Japan, Canada and the UK experienced a relatively flat trend pattern. By contrast, France (-3.0%), Australia (-3.1%) and Hong Kong SAR (-3.8%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the United States increased by +16 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the United States ($X) constitutes the largest market for imported plastic tableware and kitchenware into Puerto Rico, comprising 33% of global imports. The second position in the ranking was held by Germany ($X), with a 5.1% share of global imports. It was followed by France, with a 3.7% share.
In the United States, plastic tableware and kitchenware imports expanded at an average annual rate of +6.4% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Germany (+1.5% per year) and France (-1.5% per year).
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for plastic tableware and kitchenware 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 22292320 - Tableware and kitchenware of plastic
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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