Report Update Feb 1, 2025

Puerto Rico - Flat-Rolled Products of Iron or Non-Alloy Steel - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Flat-Rolled Steel Products Market 2025

Flat-Rolled Steel Products Market Size in Puerto Rico

The Puerto Rican flat-rolled steel products market totaled less than $X in 2021, approximately equating the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a relatively flat trend pattern.

Flat-Rolled Steel Products Exports

Exports from Puerto Rico

In 2021, the amount of flat-rolled products of iron or non-alloy steel exported from Puerto Rico was estimated at less than X kg, remaining relatively unchanged against 2020. Overall, exports continue to indicate a relatively flat trend pattern.

In value terms, flat-rolled steel products exports amounted to less than $X in 2021. Over the period under review, exports showed a relatively flat trend pattern.

Exports by Country

In 2021, China (X tons), distantly followed by Germany (X tons), the Netherlands (X tons), Japan (X tons), Slovakia (X tons), South Korea (X tons), Turkey (X tons) and France (X tons) represented the key exporters of flat-rolled products of iron or non-alloy steel, together creating 76% of total exports. The following exporters - Spain (X tons), Belgium (X tons), Canada (X tons), Taiwan (Chinese) (X tons) and India (X tons) - together made up 13% of total exports.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +27.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X) remains the largest flat-rolled steel products supplier from Puerto Rico, comprising 24% of global exports. The second position in the ranking was held by Germany ($X), with an 11% share of global exports. It was followed by the Netherlands, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value in China stood at +8.6%. In the other countries, the average annual rates were as follows: Germany (-2.3% per year) and the Netherlands (+4.7% per year).

Export Prices by Country

The export price in Puerto Rico stood at less than $X per ton in 2021, approximately equating the previous year. Overall, the export price saw a relatively flat trend pattern.

Average prices varied somewhat amongst the major exporting countries. In 2021, major exporting countries recorded the following prices: in Turkey ($X per ton) and South Korea ($X per ton), while Germany ($X per ton) and Belgium ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+2.1%), while the other leaders experienced more modest paces of growth.

Flat-Rolled Steel Products Imports

Imports into Puerto Rico

Flat-rolled steel products imports into Puerto Rico was estimated at less than X kg in 2021, remaining relatively unchanged against 2020. In general, imports recorded a relatively flat trend pattern.

In value terms, flat-rolled steel products imports totaled less than $X in 2021. Over the period under review, imports showed a relatively flat trend pattern.

Imports by Country

The United States (X tons) and Italy (X tons) represented roughly 24% of total imports in 2021. Thailand (X tons), the Philippines (X tons), Mexico (X tons), France (X tons), Poland (X tons), the Netherlands (X tons), Spain (X tons), Turkey (X tons), Germany (X tons), South Africa (X tons) and the United Arab Emirates (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by South Africa (with a CAGR of +24.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest flat-rolled steel products importing markets into Puerto Rico were the United States ($X), Italy ($X) and Thailand ($X), with a combined 27% share of total imports. The Philippines, Mexico, France, the Netherlands, Poland, Spain, Turkey, Germany, South Africa and the United Arab Emirates lagged somewhat behind, together comprising a further 28%.

In terms of the main importing countries, South Africa, with a CAGR of +25.1%, 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, standing approx. at the previous year. Overall, the import price showed a relatively flat trend pattern.

Average prices varied noticeably amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Mexico ($X per ton) and Thailand ($X per ton), while the United States ($X per ton) and the United Arab Emirates ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+1.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for flat-rolled products of iron or non-alloy steel in the world?

China remains the largest flat-rolled steel products consuming country worldwide, comprising approx. 40% of total volume. Moreover, flat-rolled steel products consumption in China exceeded the figures recorded by the second-largest consumer, the United States, sevenfold. Brazil ranked third in terms of total consumption with a 5.8% share.

What are the largest producers of flat-rolled products of iron or non-alloy steel in the world?

China constituted the country with the largest volume of flat-rolled steel products production, accounting for 44% of total volume. Moreover, flat-rolled steel products production in China exceeded the figures recorded by the second-largest producer, Germany, sevenfold. The third position in this ranking was occupied by Brazil, with a 5.8% share.

What are the leading suppliers of flat-rolled products of iron or non-alloy steel to Puerto Rico?

In value terms, the largest flat-rolled steel products importing markets into Puerto Rico were the United States, Italy and Mexico, with a combined 27% share of total imports. The Philippines, France, the Netherlands, Poland, Spain, Thailand, Russia, Germany, Saudi Arabia and India lagged somewhat behind, together accounting for a further 29%.

What are the leading importers of flat-rolled products of iron or non-alloy steel from Puerto Rico?

In value terms, China, Germany and the Netherlands were the countries with the highest levels of exports in 2020, with a combined 45% share of total exports.

What is the average export price for flat-rolled products of iron or non-alloy steel in Puerto Rico?

The flat-rolled steel products export price in Puerto Rico stood at $less than 0.1 per ton in 2020, standing approx. at the previous year.

What is the average import price for flat-rolled products of iron or non-alloy steel in Puerto Rico?

In 2020, the flat-rolled steel products import price in Puerto Rico amounted to $less than 0.1 per ton, therefore, remained relatively stable against the previous year.

This report provides an in-depth analysis of the flat-rolled steel products 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 24105110 - Tinplate, other tinned sheet and strip, including electrolytically chromium coated steel (ECCS)
Prodcom 243220Z1 - Steel sheet and strip as well as cold-rolled slit strip (of nonalloy steel), hot-dipped or electrolytically metal-coated, of a width < .600 mm

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 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
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