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Report Puerto Rico - Drive-Axles with Differential and Non-Driving Axles - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Jan 1, 2025

Puerto Rico - Drive-Axles with Differential and Non-Driving Axles - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Market for Drive-Axles with Differential and Non-Driving Axles 2025

Market Size for Drive-Axles with Differential and Non-Driving Axles in Puerto Rico

After two years of decline, the Puerto Rican driving and non-driving axle market increased by 11% to $X in 2021. Over the period under review, consumption showed resilient growth. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Production of Drive-Axles with Differential and Non-Driving Axles in Puerto Rico

In value terms, driving and non-driving axle production amounted to $X in 2021 estimated in export price. Overall, production posted a buoyant expansion. The pace of growth appeared the most rapid in 2018 with an increase of 62% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2021, production growth failed to regain momentum.

Exports of Drive-Axles with Differential and Non-Driving Axles

Exports by Country

Germany (X tons) and China (X tons) represented roughly 32% of total exports in 2021. South Korea (X tons) ranks next in terms of the total exports with a 7.5% share, followed by Mexico (7.5%), Japan (7.2%) and Italy (6.5%). Sweden (X tons), India (X tons), France (X tons), Belgium (X tons), Poland (X tons), the Czech Republic (X tons) and Austria (X tons) held a little share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by India (with a CAGR of +20.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest driving and non-driving axle supplying countries from Puerto Rico were Germany ($X), Mexico ($X) and Japan ($X), with a combined 37% share of total exports. China, Italy, South Korea, Austria, Sweden, Belgium, France, Poland, India and the Czech Republic lagged somewhat behind, together accounting for a further 39%.

In terms of the main exporting countries, India, with a CAGR of +18.3%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Imports of Drive-Axles with Differential and Non-Driving Axles

Imports by Country

The countries with the highest levels of driving and non-driving axle imports in 2021 were the United States (X tons), Germany (X tons) and Mexico (X tons), together amounting to 33% of total import. The Czech Republic (X tons), France (X tons), Russia (X tons), Turkey (X tons), Brazil (X tons), Austria (X tons), Belgium (X tons), Poland (X tons), Canada (X tons) and China (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were in Austria (with a CAGR of +12.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constitutes the largest market for imported drive-axles with differential and non-driving axles into Puerto Rico, comprising 20% of global imports. The second position in the ranking was taken by Germany ($X), with a 9.5% share of global imports. It was followed by Mexico, with an 8.8% share.

In the United States, driving and non-driving axle imports expanded at an average annual rate of +5.6% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Germany (+1.6% per year) and Mexico (+0.9% per year).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of driving and non-driving axle consumption was China, accounting for 26% of total volume. Moreover, driving and non-driving axle consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The United States ranked third in terms of total consumption with a 10% share.
China constituted the country with the largest volume of driving and non-driving axle production, comprising approx. 27% of total volume. Moreover, driving and non-driving axle production in China exceeded the figures recorded by the second-largest producer, India, threefold. The United States ranked third in terms of total production with an 11% share.
In value terms, the United States constitutes the largest market for imported drive-axles with differential and non-driving axles into Puerto Rico, comprising 20% of global imports. The second position in the ranking was occupied by Germany, with a 9.7% share of global imports. It was followed by Mexico, with a 9% share.
In value terms, the largest driving and non-driving axle supplying countries from Puerto Rico were Germany, Mexico and Japan, together comprising 38% of total exports. These countries were followed by the United States, China, Italy, Sweden, Belgium, South Korea, France, Poland, India and the Czech Republic, which together accounted for a further 43%.
The export price in Puerto Rico stood at less than $0.1 per ton in 2021, therefore, remained relatively stable against the previous year.
In 2021, the import price in Puerto Rico amounted to less than $0.1 per ton, almost unchanged from the previous year.

This report provides an in-depth analysis of the market for driving and non-driving axle 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 29323036 - Drive-axles with differential, non-driving axles and their parts

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption In 2012-2024
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country Of Origin, 2012–2024
    8. Exports, In Physical Terms, By Country, 2012–2024
    9. Exports, In Value Terms, By Country, 2012–2024
    10. Export Prices, By Country Of Destination, 2012–2024

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
    5. Trade Balance, In Physical Terms, 2012-2024
    6. Trade Balance, In Value Terms, 2012-2024
    7. Per Capita Consumption, 2012-2024
    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, 2012–2024
    22. Production, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, 2012–2024
    24. Imports, In Value Terms, 2012–2024
    25. Imports, In Physical Terms, By Country, 2024
    26. Imports, In Physical Terms, By Country, 2012–2024
    27. Imports, In Value Terms, By Country, 2012–2024
    28. Import Prices, By Country Of Origin, 2012–2024
    29. Exports, In Physical Terms, 2012–2024
    30. Exports, In Value Terms, 2012–2024
    31. Exports, In Physical Terms, By Country, 2024
    32. Exports, In Physical Terms, By Country, 2012–2024
    33. Exports, In Value Terms, By Country, 2012–2024
    34. Export Prices, By Country Of Destination, 2012–2024

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