Puerto Rico - Granite Building Stone - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPuerto Rico: Granite Building Stone Market 2024
Granite Building Stone Market Size in Puerto Rico
The Puerto Rican granite building stone market dropped to $X in 2021, which is down by -10.1% against the previous year. Over the period under review, consumption recorded a noticeable downturn. Puerto Rico consumption peaked at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.
Granite Building Stone Production in Puerto Rico
In value terms, granite building stone production contracted to $X in 2021 estimated in export price. In general, production saw a perceptible downturn. The pace of growth appeared the most rapid in 2016 when the production volume increased by 55% against the previous year. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.
Granite Building Stone Exports
Exports from Puerto Rico
In 2021, approx. less than X kg of granite building stone were exported from Puerto Rico; remaining stable against 2020. In general, exports saw a relatively flat trend pattern.
In value terms, granite building stone exports amounted to less than $X in 2021. Overall, exports continue to indicate a relatively flat trend pattern.
Exports by Country
China was the major exporting country with an export of around X tons, which accounted for 44% of total exports. India (X tons) took a 27% share (based on physical terms) of total exports, which put it in second place, followed by Brazil (10%) and Italy (4.6%). The following exporters - Spain (X tons) and Portugal (X tons) - together made up 5.6% of total exports.
From 2012 to 2021, the biggest increases were recorded for Portugal (with a CAGR of +9.1%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, China ($X) remains the largest granite building stone supplier from Puerto Rico, comprising 52% of global exports. The second position in the ranking was held by India ($X), with a 19% share of global exports. It was followed by Brazil, with an 8.6% share.
From 2012 to 2021, the average annual growth rate of value in China was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: India (+2.9% per year) and Brazil (-3.4% per year).
Export Prices by Country
In 2021, the export price in Puerto Rico amounted to less than $X per ton, almost unchanged from the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Italy ($X per ton), while Portugal ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+6.5%), while the other leaders experienced a decline in the export price figures.
Granite Building Stone Imports
Imports into Puerto Rico
In 2021, granite building stone imports into Puerto Rico amounted to less than X kg, flattening at the previous year. Overall, imports showed a relatively flat trend pattern.
In value terms, granite building stone imports totaled less than $X in 2021. Over the period under review, imports saw a relatively flat trend pattern.
Imports by Country
South Korea (X tons) and the United States (X tons) represented the key importers of granite building stone in 2021, accounting for near 20% and 18% of total imports, respectively. It was distantly followed by Germany (X tons), constituting a 7% share of total imports. The following importers - Japan (X tons), Qatar (X tons), Saudi Arabia (X tons), Poland (X tons), the United Arab Emirates (X tons), Turkey (X tons), Vietnam (X tons), China (X tons), Morocco (X tons) and Canada (X tons) - together made up 21% of total imports.
From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +45.3%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the United States ($X), South Korea ($X) and Japan ($X) appeared to be the countries with the highest levels of imports in 2021, together comprising 41% of total imports. These countries were followed by Germany, Poland, Vietnam, Morocco, Qatar, the United Arab Emirates, Turkey, Canada, Saudi Arabia and China, which together accounted for a further 20%.
Saudi Arabia, with a CAGR of +33.3%, recorded the highest rates of growth with regard to the value of imports, in terms of 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
The import price in Puerto Rico stood at less than $X per ton in 2021, approximately equating the previous year. Overall, the import price saw a relatively flat trend pattern.
There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Japan ($X per ton), while China ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+3.0%), while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the granite building stone 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 23701260 - Worked monumental or building stone and articles thereof, of granite (excluding tiles, cubes and similar articles, of which the largest surface area is capable of being enclosed in a square the side of which is < 7 cm, setts, kerbstones and
Country coverage:
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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