Puerto Rico: Hand-Held Blow Pipe Market 2024

Hand-Held Blow Pipe Market Size in Puerto Rico

In 2021, the Puerto Rican hand-held blow pipe market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption continues to indicate a prominent expansion. Puerto Rico consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Hand-Held Blow Pipe Production in Puerto Rico

In value terms, hand-held blow pipe production soared to $X in 2021 estimated in export price. In general, production recorded a resilient expansion. The most prominent rate of growth was recorded in 2017 with an increase of 51% against the previous year. Puerto Rico production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Hand-Held Blow Pipe Exports

Exports from Puerto Rico

In 2021, approx. less than X units of hand-held blow pipes for soldering, brazing or welding were exported from Puerto Rico; leveling off at 2020. Over the period under review, exports continue to indicate a relatively flat trend pattern.

In value terms, hand-held blow pipe exports amounted to less than $X in 2021. Overall, exports saw a relatively flat trend pattern.

Exports by Country

China prevails in exports structure, recording X units, which was approx. 56% of total exports in 2021. Mexico (X units) took the second position in the ranking, followed by Italy (X units) and Taiwan (Chinese) (X units). All these countries together took approx. 20% share of total exports. Germany (X units), Poland (X units), Austria (X units), the UK (X units), the United States (X units), Estonia (X units) and France (X units) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to hand-held blow pipe exports from China stood at +29.2%. At the same time, Estonia (+61.6%), Poland (+11.0%), Mexico (+11.0%), Italy (+6.0%), Germany (+3.3%) and France (+1.8%) displayed positive paces of growth. Moreover, Estonia emerged as the fastest-growing exporter exported in the world, with a CAGR of +61.6% from 2012-2021. By contrast, Taiwan (Chinese) (-1.6%), Austria (-1.6%), the UK (-5.9%) and the United States (-6.8%) illustrated a downward trend over the same period. From 2012 to 2021, the share of China increased by +42 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest hand-held blow pipe supplier from Puerto Rico, comprising 35% of global exports. The second position in the ranking was held by Mexico ($X), with a 12% share of global exports. It was followed by Austria, with an 11% share.

In China, hand-held blow pipe exports increased at an average annual rate of +12.0% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Mexico (+6.1% per year) and Austria (+0.1% per year).

Export Prices by Country

The export price in Puerto Rico stood at less than $X per thousand units in 2021, standing approx. at the previous year. Over the period under review, the export price continues to indicate 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 Austria ($X per thousand units), while the UK ($X per thousand units) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+8.8%), while the other leaders experienced more modest paces of growth.

Hand-Held Blow Pipe Imports

Imports into Puerto Rico

In 2021, hand-held blow pipe imports into Puerto Rico amounted to less than X units, stabilizing at the year before. Over the period under review, imports showed a relatively flat trend pattern.

In value terms, hand-held blow pipe imports amounted to less than $X in 2021. In general, imports showed a relatively flat trend pattern.

Imports by Country

In 2021, the United States (X units), distantly followed by Greece (X units), Russia (X units) and Germany (X units) were the main importers of hand-held blow pipes for soldering, brazing or welding, together generating 47% of total imports. The following importers - France (X units), Nigeria (X units), the UK (X units), Poland (X units), Belgium (X units), Canada (X units), the Netherlands (X units), Italy (X units) and Brazil (X units) - together made up 23% of total imports.

Imports into the United States increased at an average annual rate of +11.6% from 2012 to 2021. At the same time, Greece (+91.9%), Nigeria (+63.3%), Russia (+15.8%), the Netherlands (+10.6%), Brazil (+9.8%), Canada (+8.5%), Poland (+7.1%), Belgium (+6.8%), France (+4.7%), Germany (+3.8%) and Italy (+1.4%) displayed positive paces of growth. Moreover, Greece emerged as the fastest-growing importer imported in the world, with a CAGR of +91.9% from 2012-2021. By contrast, the UK (-11.5%) illustrated a downward trend over the same period. Greece (+10 p.p.), the United States (+5.6 p.p.), Russia (+4.2 p.p.) and Nigeria (+3.3 p.p.) significantly strengthened its position in terms of the global imports, while Germany and the UK saw its share reduced by -2.8% and -13.7% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported hand-held blow pipes for soldering, brazing or welding into Puerto Rico, comprising 28% of global imports. The second position in the ranking was held by Germany ($X), with a 7.4% share of global imports. It was followed by Nigeria, with a 5.2% share.

In the United States, hand-held blow pipe imports increased at an average annual rate of +7.3% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+2.3% per year) and Nigeria (+63.1% per year).

Import Prices by Country

In 2021, the import price in Puerto Rico amounted to less than $X per thousand units, remaining constant against the previous year. In general, the import price showed a relatively flat trend pattern.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Netherlands ($X per thousand units), while Russia ($X per thousand units) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+7.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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