Report Update Nov 1, 2024

Puerto Rico - Flat Glass - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Flat Glass Market 2024

Flat Glass Market Size in Puerto Rico

The Puerto Rican flat glass market amounted to $X in 2021, with an increase of 15% against the previous year. Overall, consumption posted resilient growth. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market failed to regain momentum.

Flat Glass Production in Puerto Rico

In value terms, flat glass production soared to $X in 2021 estimated in export price. Overall, production showed strong growth. The most prominent rate of growth was recorded in 2019 when the production volume increased by 123%. As a result, production reached the peak level of $X. From 2020 to 2021, production growth remained at a somewhat lower figure.

Flat Glass Exports

Exports by Country

The biggest shipments were from Hong Kong SAR (X tons), China (X tons) and Germany (X tons), together amounting to 35% of total export. Russia (X tons) held a 5.8% share (based on physical terms) of total exports, which put it in second place, followed by Poland (4.9%) and France (4.8%). Belgium (X tons), Iran (X tons), Bulgaria (X tons), Turkey (X tons), Saudi Arabia (X tons), Belarus (X tons) and the United States (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 key exporting countries, was attained by Iran (with a CAGR of +19.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest flat glass supplying countries from Puerto Rico were Hong Kong SAR ($X), China ($X) and Germany ($X), with a combined 44% share of total exports. These countries were followed by the United States, France, Belgium, Russia, Poland, Saudi Arabia, Bulgaria, Turkey, Belarus and Iran, which together accounted for a further 23%.

Iran, with a CAGR of +18.0%, recorded 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.

Flat Glass Imports

Imports by Country

In 2021, Hong Kong SAR (X tons), followed by China (X tons) and Canada (X tons) represented the main importers of flat glass, together making up 22% of total imports. South Korea (X tons), Kazakhstan (X tons), Poland (X tons), Ukraine (X tons), Turkey (X tons), Germany (X tons), India (X tons), Malaysia (X tons), the Netherlands (X tons) and Austria (X tons) took a relatively small share of total imports.

Imports into Hong Kong SAR increased at an average annual rate of +11.8% from 2012 to 2021. At the same time, China (+15.7%), Kazakhstan (+15.2%), Turkey (+6.7%), Poland (+6.2%), India (+6.1%), Ukraine (+5.1%), Canada (+3.5%) and Austria (+1.1%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing importer imported in the world, with a CAGR of +15.7% from 2012-2021. Malaysia, the Netherlands and South Korea experienced a relatively flat trend pattern. By contrast, Germany (-4.1%) illustrated a downward trend over the same period. Hong Kong SAR (+6 p.p.), China (+3.6 p.p.) and Kazakhstan (+2.1 p.p.) significantly strengthened its position in terms of the global imports, while Germany saw its share reduced by -2.3% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported flat glass into Puerto Rico, comprising 26% of global imports. The second position in the ranking was held by Hong Kong SAR ($X), with an 11% share of global imports. It was followed by Canada, with a 3.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value in China totaled +7.6%. In the other countries, the average annual rates were as follows: Hong Kong SAR (+19.5% per year) and Canada (+4.3% per year).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for flat glass in the world?

China constituted the country with the largest volume of flat glass consumption, accounting for 26% of total volume. Moreover, flat glass consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The third position in this ranking was occupied by Indonesia, with a 5.3% share.

What are the largest producers of flat glass in the world?

The country with the largest volume of flat glass production was China, comprising approx. 29% of total volume. Moreover, flat glass production in China exceeded the figures recorded by the second-largest producer, India, fourfold. Indonesia ranked third in terms of total production with a 6.1% share.

What are the leading suppliers of flat glass to Puerto Rico?

In value terms, China constitutes the largest market for imported flat glass into Puerto Rico, comprising 29% of global imports. The second position in the ranking was occupied by Hong Kong SAR, with an 11% share of global imports. It was followed by Canada, with a 3.8% share.

What are the leading importers of flat glass from Puerto Rico?

In value terms, China, Germany and the United States appeared to be the countries with the highest levels of exports in 2021, together comprising 39% of total exports. France, Belgium, Poland, Russia, Saudi Arabia, Bulgaria, Thailand, Italy, Belarus and Iran lagged somewhat behind, together comprising a further 23%.

What is the average export price for flat glass in Puerto Rico?

The export price in Puerto Rico stood at less than $0.1 per ton in 2021, approximately equating the previous year.

What is the average import price for flat glass in Puerto Rico?

In 2021, the import price in Puerto Rico amounted to less than $0.1 per ton, remaining stable against the previous year.

This report provides an in-depth analysis of the flat glass market 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 23111110 - Non-wired sheets, of cast or rolled glass, whether or not with absorbent, reflecting or non-reflecting layer, but not otherwise worked
Prodcom 23111130 - Wired sheets or profiles, of cast or rolled glass, whether or not with absorbent, reflecting or non-reflecting layer, but not otherwise worked
Prodcom 23111150 - Sheets, of drawn glass or blown glass, whether or not having an absorbent, reflecting or non-reflecting layer, but not otherwise worked
Prodcom 23111212 - Non-wired sheets, of float, surface ground or polished glass, h aving a non-reflecting layer
Prodcom 23111214 - Non-wired sheets, of float, surface ground or polished glass, h aving an absorbent or reflective layer, of a thickness . 3,5 mm
Prodcom 23111217 - Non-wired sheets, of float, surface ground or polished glass, h aving an absorbent or reflecting layer, not otherwise worked, o f a thickness > 3,5 mm
Prodcom 23111230 - Non-wired sheets, of float, surface ground or polished glass, c oloured throughout the mass, opacified, flashed or merely surface ground
Prodcom 23111290 - Other sheets of float/ground/polished glass, n.e.c.

Country coverage:

Puerto Rico

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023