Puerto Rico: Market for Equipment For Scaffolding, Shuttering, Propping Or Pit Propping 2025

Market Size for Equipment For Scaffolding, Shuttering, Propping Or Pit Propping in Puerto Rico

In 2021, the Puerto Rican market for equipment for scaffolding, shuttering, propping or pit propping increased by 1.4% to $X for the first time since 2017, thus ending a three-year declining trend. Over the period under review, the total consumption indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of +3.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -24.6% against 2017 indices. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Production of Equipment For Scaffolding, Shuttering, Propping Or Pit Propping in Puerto Rico

In value terms, scaffolding, shuttering, and propping equipment production amounted to $X in 2021 estimated in export price. Overall, the total production indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +3.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -26.3% against 2015 indices. The growth pace was the most rapid in 2015 with an increase of 57% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2021, production growth failed to regain momentum.

Exports of Equipment For Scaffolding, Shuttering, Propping Or Pit Propping

Exports from Puerto Rico

In 2021, exports of equipment for scaffolding, shuttering, propping or pit propping from Puerto Rico was estimated at less than X kg, approximately reflecting the year before. Overall, exports recorded a relatively flat trend pattern.

In value terms, scaffolding, shuttering, and propping equipment exports amounted to less than $X in 2021. In general, exports continue to indicate a relatively flat trend pattern.

Exports by Country

In 2021, China (X tons), distantly followed by Germany (X tons), India (X tons), Poland (X tons), South Korea (X tons) and Austria (X tons) represented the key exporters of equipment for scaffolding, shuttering, propping or pit propping, together achieving 57% of total exports. The following exporters - Spain (X tons), the United Arab Emirates (X tons), Turkey (X tons), Italy (X tons), the Netherlands (X tons), the Czech Republic (X tons) and South Africa (X tons) - together made up 21% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by India (with a CAGR of +7.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest scaffolding, shuttering, and propping equipment supplying countries from Puerto Rico were China ($X), Germany ($X) and Austria ($X), together accounting for 44% of total exports. These countries were followed by Poland, Spain, South Korea, India, Italy, Turkey, the United Arab Emirates, the Netherlands, the Czech Republic and South Africa, which together accounted for a further 31%.

In terms of the main exporting countries, India, with a CAGR of +8.1%, 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.

Export Prices by Country

In 2021, the export price in Puerto Rico amounted to less than $X per ton, standing approx. at the previous year. In general, the export price continues to indicate a relatively flat trend pattern.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+3.2%), while the other leaders experienced more modest paces of growth.

Imports of Equipment For Scaffolding, Shuttering, Propping Or Pit Propping

Imports into Puerto Rico

In 2021, imports of equipment for scaffolding, shuttering, propping or pit propping into Puerto Rico was estimated at less than X kg, stabilizing at 2020 figures. Overall, imports recorded a relatively flat trend pattern.

In value terms, scaffolding, shuttering, and propping equipment imports stood at less than $X in 2021. Over the period under review, imports continue to indicate a relatively flat trend pattern.

Imports by Country

Germany (X tons) and the UK (X tons) represented roughly 20% of total imports in 2021. The United States (X tons) took a 5% share (based on physical terms) of total imports, which put it in second place, followed by Singapore (4.5%). The following importers - France (X tons), Japan (X tons), Poland (X tons), Canada (X tons), Italy (X tons), Austria (X tons), the Netherlands (X tons), Australia (X tons) and Sweden (X tons) - together made up 25% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Poland (with a CAGR of +18.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest scaffolding, shuttering, and propping equipment importing markets into Puerto Rico were Germany ($X), the UK ($X) and France ($X), together accounting for 21% of total imports. The United States, the Netherlands, Singapore, Japan, Canada, Austria, Italy, Poland, Sweden and Australia lagged somewhat behind, together accounting for a further 32%.

In terms of the main importing countries, Poland, with a CAGR of +18.4%, saw 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, approximately reflecting the previous year. Over the period under review, the import price recorded a relatively flat trend pattern.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Singapore ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+3.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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