Report Update Nov 1, 2024

Puerto Rico - Insulating Fittings for Electrical Purposes - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Puerto Rico: Insulating Fittings Market 2024

Insulating Fittings Market Size in Puerto Rico

In 2021, after three years of decline, there was significant growth in the Puerto Rican insulating fittings market, when its value increased by 13% to $X. Overall, consumption, however, recorded a abrupt contraction. Puerto Rico consumption peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Insulating Fittings Production in Puerto Rico

In value terms, insulating fittings production rose significantly to $X in 2021 estimated in export price. Over the period under review, production, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2017 with an increase of 51%. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Insulating Fittings Exports

Exports from Puerto Rico

In 2021, the amount of insulating fittings for electrical purposes exported from Puerto Rico was estimated at less than X kg, flattening at 2020 figures. Overall, exports recorded a relatively flat trend pattern.

In value terms, insulating fittings exports stood at less than $X in 2021. Over the period under review, exports continue to indicate a relatively flat trend pattern.

Exports by Country

China (X tons) and Thailand (X tons) represented roughly 53% of total exports in 2021. Mexico (X tons) ranks next in terms of the total exports with a 12% share, followed by India (7%) and the United States (5.9%). Turkey (X tons), Italy (X tons), South Korea (X tons) and Poland (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +58.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest insulating fittings supplying countries from Puerto Rico were China ($X), the United States ($X) and Mexico ($X), with a combined 53% share of total exports. South Korea, Thailand, India, Poland, Italy and Turkey lagged somewhat behind, together comprising a further 17%.

Among the main exporting countries, Poland, with a CAGR of +54.2%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in Puerto Rico amounted to less than $X per ton, leveling off at the previous year. Overall, the export price recorded a relatively flat trend pattern.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($X per ton), while Thailand ($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 (+18.2%), while the other leaders experienced more modest paces of growth.

Insulating Fittings Imports

Imports into Puerto Rico

In 2021, the amount of insulating fittings for electrical purposes imported into Puerto Rico amounted to less than X kg, remaining constant against 2020. Over the period under review, imports saw a relatively flat trend pattern.

In value terms, insulating fittings imports stood at less than $X in 2021. Overall, imports recorded a relatively flat trend pattern.

Imports by Country

Nigeria (X tons) and the United States (X tons) were the largest importers of insulating fittings for electrical purposes in 2021, recording near 32% and 27% of total imports, respectively. It was distantly followed by Saudi Arabia (X tons), comprising a 5% share of total imports. The Philippines (X tons), South Korea (X tons), Mexico (X tons), Malaysia (X tons), Taiwan (Chinese) (X tons), Italy (X tons), Indonesia (X tons) and India (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 key importing countries, was attained by Nigeria (with a CAGR of +46.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constitutes the largest market for imported insulating fittings for electrical purposes into Puerto Rico, comprising 21% of global imports. The second position in the ranking was taken by Nigeria ($X), with an 8.2% share of global imports. It was followed by Taiwan (Chinese), with a 6.7% share.

In the United States, insulating fittings imports expanded at an average annual rate of +16.1% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Nigeria (+40.1% per year) and Taiwan (Chinese) (+12.5% per year).

Import Prices by Country

The import price in Puerto Rico stood at less than $X per ton in 2021, therefore, remained relatively stable against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per ton), while Nigeria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+13.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for insulating fittings for electrical purposes in the world?

China remains the largest insulating fittings consuming country worldwide, accounting for 26% of total volume. Moreover, insulating fittings consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The third position in this ranking was occupied by Nigeria, with a 5.1% share.

What are the largest producers of insulating fittings for electrical purposes in the world?

China constituted the country with the largest volume of insulating fittings production, comprising approx. 38% of total volume. Moreover, insulating fittings production in China exceeded the figures recorded by the second-largest producer, India, fourfold. Japan ranked third in terms of total production with a 5.7% share.

What are the leading suppliers of insulating fittings for electrical purposes to Puerto Rico?

In value terms, the largest insulating fittings importing markets into Puerto Rico were the United States, China and Nigeria, together comprising 36% of total imports.

What are the leading importers of insulating fittings for electrical purposes from Puerto Rico?

In value terms, the United States, China and Japan were the countries with the highest levels of exports in 2020, with a combined 63% share of total exports.

What is the average export price for insulating fittings for electrical purposes in Puerto Rico?

The insulating fittings 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 insulating fittings for electrical purposes in Puerto Rico?

The insulating fittings import price in Puerto Rico stood at $less than 0.1 per ton in 2020, therefore, remained relatively stable against the previous year.

This report provides an in-depth analysis of the insulating fittings 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 27901280 - Insulating fittings for electrical purposes, of materials other than ceramics or plastics, electrical conduit tubing and joints therefor, of base metal lined with insulating material

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