Puerto Rico: Market for Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers 2021

Market Size for Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers in Puerto Rico

The Puerto Rican market for iron, steel or aluminium reservoirs, tanks, vats and similar containers reduced modestly to $X in 2020, dropping by -X% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2009 when the market value increased by X% against the previous year. As a result, consumption attained the peak level of $X. from 2010 to 2020, the growth of the market failed to regain the momentum.

Production of Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers in Puerto Rico

In value terms, iron, steel or aluminium reservoir production soared to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 when the production volume increased by X% year-to-year. As a result, production attained the peak level of $X. from 2017 to 2020, production growth remained at a somewhat lower figure.

Exports of Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers

Exports by Country

China represented the major exporting country with an export of about X tons, which finished at X% of total exports. Poland (X tons) occupied a X% share (based on tons) of total exports, which put it in second place, followed by Thailand (X%), Turkey (X%), South Korea (X%), the U.S. (X%) and Italy (X%). Germany (X tons), the Czech Republic (X tons), Spain (X tons), Mexico (X tons), the Netherlands (X tons) and the UK (X tons) followed a long way behind the leaders.

From 2007 to 2020, average annual rates of growth with regard to iron, steel or aluminium reservoir exports from China stood at +X%. At the same time, Thailand (+X%), Turkey (+X%), the Netherlands (+X%), Poland (+X%) and Mexico (+X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2007-2020. The Czech Republic, Spain and Italy experienced a relatively flat trend pattern. By contrast, the U.S. (-X%), South Korea (-X%), the UK (-X%) and Germany (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of China, Thailand and Turkey increased by +X%, +X% and +X% percentage points, while Italy (-X p.p.), Germany (-X p.p.), the U.S. (-X p.p.) and South Korea (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), the U.S. ($X) and Italy ($X) constituted the countries with the highest levels of exports in 2020, with a combined X% share of total exports. Germany, South Korea, Poland, the Czech Republic, Turkey, Thailand, the UK, the Netherlands, Spain and Mexico lagged somewhat behind, together comprising a further X terms of the main exporting countries, Thailand recorded 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 2020, the export price for iron, steel or aluminium reservoirs, tanks, vats and similar containers in Puerto Rico amounted to $X per ton, remaining relatively unchanged against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern.

Prices varied noticeably by the country of origin; the country with the highest price was the UK ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the U.S., while the other leaders experienced more modest paces of growth.

Imports of Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers

Imports by Country

In 2020, the U.S. (X tons), followed by Germany (X tons) represented the key importers of iron, steel or aluminium reservoirs, tanks, vats and similar containers, together making up X% of total imports. South Korea (X tons), Canada (X tons), France (X tons), the UK (X tons), Mexico (X tons), the Philippines (X tons), China (X tons), the Netherlands (X tons), Thailand (X tons), Nigeria (X tons) and Italy (X tons) held a relatively small share of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by the Philippines, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest iron, steel or aluminium reservoir importing markets into Puerto Rico were the U.S. ($X), Germany ($X) and South Korea ($X), with a combined X% share of total imports. These countries were followed by China, Canada, France, the UK, the Netherlands, Mexico, Italy, Thailand, Nigeria and the Philippines, which together accounted for a further X Philippines 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 2020, the import price for iron, steel or aluminium reservoirs, tanks, vats and similar containers in Puerto Rico amounted to $X per ton, flattening at the previous year. Overall, the import price recorded a relatively flat trend pattern.

Prices varied noticeably by the country of destination; the country with the highest price was China ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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