Puerto Rico: Market for Electric Generating Sets And Rotary Converters 2022

Market Size for Electric Generating Sets And Rotary Converters in Puerto Rico

The Puerto Rican market for electric generating sets and rotary converters fell to $X in 2020, declining by -X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2008 with an increase of X% year-to-year. Puerto Rico consumption peaked at $X in 2019, and then shrank slightly in the following year.

Production of Electric Generating Sets And Rotary Converters in Puerto Rico

In value terms, production of electric generating sets and rotary converters amounted to $X in 2020 estimated in export prices. Overall, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% year-to-year. Over the period under review, production reached the peak level at $X in 2011; however, from 2012 to 2020, production stood at a somewhat lower figure.

Exports of Electric Generating Sets And Rotary Converters

Exports by Country

In 2020, China (X units), distantly followed by Germany (X units), Denmark (X units) and Spain (X units) were the key exporters of electric generating sets and rotary converters, together generating X% of total exports. France (X units), India (X units), Vietnam (X units), the Netherlands (X units), Italy (X units), the UK (X units), South Africa (X units), Hong Kong SAR (X units) and Canada (X units) held a relatively small share of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Hong Kong SAR, while exports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Denmark ($X) and China ($X) were the countries with the highest levels of exports in 2020, together comprising X% of total exports. These countries were followed by the Netherlands, Spain, Italy, India, France, the UK, Vietnam, Canada, South Africa and Hong Kong SAR, which together accounted for a further X Netherlands saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the export price for electric generating sets and rotary converters in Puerto Rico amounted to $X per thousand units, remaining stable against the previous year. Overall, the export price recorded a relatively flat trend pattern.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was the Netherlands ($X per thousand units), while Hong Kong SAR ($X per thousand units) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other leaders experienced more modest paces of growth.

Imports of Electric Generating Sets And Rotary Converters

Imports by Country

In 2020, Indonesia (X units), distantly followed by South Africa (X units), the U.S. (X units), Croatia (X units) and Russia (X units) were the main importers of electric generating sets and rotary converters, together mixing up X% of total imports. Canada (X units), Poland (X units), the UK (X units), Iran (X units), Chile (X units), Switzerland (X units), Nigeria (X units) and Turkey (X units) followed a long way behind the leaders.

From 2007 to 2020, average annual rates of growth with regard to electric generating set and rotary converter imports into Indonesia stood at +X%. At the same time, Croatia (+X%), Switzerland (+X%), Iran (+X%), the U.S. (+X%), Russia (+X%), Turkey (+X%), Poland (+X%), South Africa (+X%) and Canada (+X%) displayed positive paces of growth. Moreover, Croatia emerged as the fastest-growing importer imported in the world, with a CAGR of +X% from 2007-2020. By contrast, Chile (-X%), the UK (-X%) and Nigeria (-X%) illustrated a downward trend over the same period. While the share of Indonesia (+X p.p.), Croatia (+X p.p.), the U.S. (+X p.p.), South Africa (+X p.p.), Russia (+X p.p.), Iran (+X p.p.), Switzerland (+X p.p.), Canada (+X p.p.) and Poland (+X p.p.) increased significantly in terms of the global imports from 2007-2020, the share of the UK (-X p.p.) and Nigeria (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest electric generating set and rotary converter importing markets into Puerto Rico were Turkey ($X), Chile ($X) and Russia ($X), together accounting for X% of total imports. Canada, the U.S., the UK, Nigeria, Indonesia, South Africa, Poland, Iran, Croatia and Switzerland lagged somewhat behind, together comprising a further X the main importing countries, Croatia recorded the highest growth rate of 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 for electric generating sets and rotary converters in Puerto Rico stood at $X per thousand units in 2020, remaining constant against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Turkey ($X per thousand units), while Switzerland ($X per thousand units) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the UK, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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