Report Update Nov 1, 2024

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

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Puerto Rico: Ceramic Insulating Fittings Market 2024

Ceramic Insulating Fittings Market Size in Puerto Rico

In 2021, the Puerto Rican ceramic insulating fittings market increased by 14% to $X for the first time since 2017, thus ending a three-year declining trend. Over the period under review, consumption, however, continues to indicate a perceptible contraction. Puerto Rico consumption peaked at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Ceramic Insulating Fittings Production in Puerto Rico

In value terms, ceramic insulating fittings production stood at $X in 2021 estimated in export price. Over the period under review, production, however, showed a perceptible decline. The pace of growth was the most pronounced in 2014 when the production volume increased by 20% against the previous year. Puerto Rico production peaked at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

Ceramic Insulating Fittings Exports

Exports by Country

China prevails in exports structure, amounting to X units, which was approx. 59% of total exports in 2021. Germany (X units) ranks second in terms of the total exports with an 8.2% share, followed by Slovenia (6.5%) and Mexico (0.6%). The United States (X units), Poland (X units), the Czech Republic (X units), Japan (X units), Vietnam (X units), South Korea (X units) and Italy (X units) followed a long way behind the leaders.

Exports from China increased at an average annual rate of +4.5% from 2012 to 2021. At the same time, the United States (+6.1%), Vietnam (+4.1%), Italy (+3.7%), Slovenia (+3.5%) and Japan (+1.6%) displayed positive paces of growth. Moreover, the United States emerged as the fastest-growing exporter exported in the world, with a CAGR of +6.1% from 2012-2021. Poland, the Czech Republic and South Korea experienced a relatively flat trend pattern. By contrast, Germany (-2.6%) and Mexico (-24.3%) illustrated a downward trend over the same period. China (+12 p.p.) significantly strengthened its position in terms of the global exports, while Germany and Mexico saw its share reduced by -4.3% and -8.6% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Germany ($X) and Japan ($X) appeared to be the countries with the highest levels of exports in 2021, together accounting for 59% of total exports.

China, with a CAGR of +11.3%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Ceramic Insulating Fittings Imports

Imports by Country

Nigeria was the main importing country with an import of around X units, which amounted to 38% of total imports. It was distantly followed by the United States (X units), Germany (X units) and Mexico (X units), together constituting a 16% share of total imports. Malaysia (X units), Spain (X units), Turkey (X units), China (X units), Italy (X units), Japan (X units), France (X units), Taiwan (Chinese) (X units) and South Korea (X units) followed a long way behind the leaders.

Nigeria was also the fastest-growing in terms of the insulating fittings for electrical purposes of ceramics imports, with a CAGR of +44.9% from 2012 to 2021. At the same time, Malaysia (+31.4%), Taiwan (Chinese) (+23.7%), Italy (+11.4%), Turkey (+10.5%), the United States (+5.9%) and Spain (+5.7%) displayed positive paces of growth. Japan and Germany experienced a relatively flat trend pattern. By contrast, Mexico (-2.2%), China (-4.0%), South Korea (-5.6%) and France (-5.7%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Nigeria and Malaysia increased by +35 and +3.4 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), the United States ($X) and Germany ($X) constituted the countries with the highest levels of imports in 2021, with a combined 34% share of total imports. These countries were followed by Nigeria, Mexico, Taiwan (Chinese), Japan, Italy, Malaysia, South Korea, France, Spain and Turkey, which together accounted for a further 36%.

Among the main importing countries, Nigeria, with a CAGR of +38.3%, recorded 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.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

China constituted the country with the largest volume of ceramic insulating fittings consumption, accounting for 22% of total volume. Moreover, ceramic insulating fittings consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with a 9.2% share.

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

The country with the largest volume of ceramic insulating fittings production was China, comprising approx. 29% of total volume. Moreover, ceramic insulating fittings production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. India ranked third in terms of total production with a 9.5% share.

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

In value terms, China, the United States and Germany constituted the countries with the highest levels of imports in 2020, with a combined 39% share of total imports. These countries were followed by Mexico, Japan, Taiwan Chinese), the Philippines, France, Hungary, Nigeria, Spain, Malaysia and Turkey, which together accounted for a further 31%.

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

In value terms, China, Germany and Japan were the countries with the highest levels of exports in 2020, together accounting for 56% of total exports.

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

The ceramic insulating fittings export price in Puerto Rico stood at $less than 0.1 per thousand units in 2020, standing approx. at the previous year.

What is the average import price for insulating fittings for electrical purposes of ceramics in Puerto Rico?

The ceramic insulating fittings import price in Puerto Rico stood at $less than 0.1 per thousand units in 2020, approximately reflecting the previous year.

This report provides an in-depth analysis of the ceramic 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 23431050 - Insulating fittings for electrical purposes, of ceramics

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