Puerto Rico: Glucose Market 2025

Glucose Market Size in Puerto Rico

The Puerto Rican glucose market was finally on the rise to reach $X in 2021, after three years of decline. Over the period under review, consumption, however, saw a abrupt decline. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Glucose Production in Puerto Rico

In value terms, glucose production stood at less than $X in 2021 estimated in export price. Overall, production recorded a relatively flat trend pattern.

Glucose Exports

Exports from Puerto Rico

Glucose exports from Puerto Rico totaled less than X kg in 2021, remaining stable against 2020 figures. Overall, exports continue to indicate a relatively flat trend pattern.

In value terms, glucose exports amounted to less than $X in 2021. In general, exports continue to indicate a relatively flat trend pattern.

Exports by Country

In 2021, France (X tons), distantly followed by China (X tons), the United States (X tons), Hungary (X tons), the Netherlands (X tons) and Germany (X tons) were the largest exporters of glucose and glucose syrup, together creating 63% of total exports. India (X tons), Turkey (X tons), Italy (X tons), Canada (X tons), Slovakia (X tons), Bulgaria (X tons) and Lithuania (X tons) took a little share of total exports.

From 2012 to 2021, the biggest increases were recorded for Lithuania (with a CAGR of +33.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest glucose supplying countries from Puerto Rico were France ($X), China ($X) and the United States ($X), with a combined 48% share of total exports. Germany, the Netherlands, Hungary, India, Italy, Turkey, Canada, Bulgaria, Slovakia and Lithuania lagged somewhat behind, together accounting for a further 33%.

Lithuania, with a CAGR of +21.2%, 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

The export price in Puerto Rico stood at less than $X per ton in 2021, approximately mirroring the previous year. Over the period under review, the export price recorded a relatively flat trend pattern.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while Lithuania ($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 United States (+3.1%), while the other leaders experienced mixed trends in the export price figures.

Glucose Imports

Imports into Puerto Rico

In 2021, the amount of glucose and glucose syrup imported into Puerto Rico was estimated at less than X kg, approximately equating 2020. Overall, imports showed a relatively flat trend pattern.

In value terms, glucose imports totaled less than $X in 2021. In general, imports saw a relatively flat trend pattern.

Imports by Country

In 2021, Germany (X tons), followed by Belgium (X tons), the Netherlands (X tons), the United States (X tons) and Mexico (X tons) were the largest importers of glucose and glucose syrup, together mixing up 40% of total imports. The following importers - France (X tons), the UK (X tons), Poland (X tons), the Philippines (X tons), Canada (X tons), Indonesia (X tons), the Czech Republic (X tons) and Italy (X tons) - together made up 26% of total imports.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +8.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the United States ($X) and Mexico ($X) constituted the countries with the highest levels of imports in 2021, with a combined 25% share of total imports. These countries were followed by Belgium, the Netherlands, the UK, France, Canada, the Philippines, Poland, Indonesia, Italy and the Czech Republic, which together accounted for a further 37%.

The Philippines, with a CAGR of +7.2%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Puerto Rico amounted to less than $X per ton, almost unchanged from the previous year. Overall, the import price saw 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 Canada ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+2.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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