Report Update Nov 1, 2024

Puerto Rico - Machine Tools for Working Metal - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Market for Machine Tools For Working Metal 2024

Market Size for Machine Tools For Working Metal in Puerto Rico

The Puerto Rican machine-tool for working metal market declined to $X in 2021, dropping by -13.4% against the previous year. In general, consumption continues to indicate a pronounced decline. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Production of Machine Tools For Working Metal in Puerto Rico

In value terms, machine-tool for working metal production reduced to $X in 2021 estimated in export price. Over the period under review, production recorded a noticeable slump. The pace of growth appeared the most rapid in 2016 when the production volume increased by 49%. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Exports of Machine Tools For Working Metal

Exports by Country

In 2021, China (X units) was the major exporter of machine tools for working metal, achieving 33% of total exports. Germany (X units) held the second position in the ranking, followed by the Netherlands (X units), Italy (X units), Belgium (X units) and Taiwan (Chinese) (X units). All these countries together held near 32% share of total exports. The United States (X units), Turkey (X units), South Korea (X units), Spain (X units), Austria (X units), the UK (X units) and Hong Kong SAR (X units) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to machine-tool for working metal exports from China stood at +12.1%. At the same time, Belgium (+25.7%), Turkey (+20.0%), Hong Kong SAR (+14.7%), the Netherlands (+9.0%) and Italy (+6.6%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing exporter exported in the world, with a CAGR of +25.7% from 2012-2021. Austria experienced a relatively flat trend pattern. By contrast, the United States (-3.9%), Spain (-4.7%), Germany (-5.3%), Taiwan (Chinese) (-7.5%), South Korea (-12.7%) and the UK (-19.9%) illustrated a downward trend over the same period. While the share of China (+22 p.p.), Belgium (+4.6 p.p.), the Netherlands (+4.4 p.p.), Italy (+3 p.p.) and Turkey (+2.9 p.p.) increased significantly in terms of the global exports from 2012-2021, the share of Germany (-3.9 p.p.), Taiwan (Chinese) (-3.9 p.p.), South Korea (-6.1 p.p.) and the UK (-10.7 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest machine-tool for working metal supplying countries from Puerto Rico were Germany ($X), Italy ($X) and China ($X), together accounting for 39% of total exports. These countries were followed by South Korea, Turkey, the United States, Taiwan (Chinese), Austria, the UK, Belgium, Spain, the Netherlands and Hong Kong SAR, which together accounted for a further 36%.

Among the main exporting countries, Turkey, with a CAGR of +7.9%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Imports of Machine Tools For Working Metal

Imports by Country

Canada (X units) and the UK (X units) represented roughly 30% of total imports in 2021. The United States (X units) took the next position in the ranking, followed by Thailand (X units). All these countries together held approx. 12% share of total imports. The following importers - Germany (X units), Belgium (X units), the Netherlands (X units), China (X units), Russia (X units), Poland (X units), Australia (X units), France (X units) and Hungary (X units) - together made up 24% of total imports.

From 2012 to 2021, the biggest increases were recorded for the UK (with a CAGR of +25.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), the United States ($X) and Germany ($X) were the countries with the highest levels of imports in 2021, with a combined 29% share of total imports. These countries were followed by Russia, Canada, Thailand, France, Poland, Australia, the UK, Belgium, Hungary and the Netherlands, which together accounted for a further 20%.

The Netherlands, with a CAGR of +6.7%, 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.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for machine tools for working metal in the world?

The countries with the highest volumes of machine-tool for working metal consumption in 2020 were India, China and South Korea, with a combined 52% share of global consumption.

What are the largest producers of machine tools for working metal in the world?

The countries with the highest volumes of machine-tool for working metal production in 2020 were China, India and South Korea, with a combined 61% share of global production. These countries were followed by Japan, Germany, the United States, the Netherlands, Pakistan, Russia and Turkey, which together accounted for a further 24%.

What are the leading suppliers of machine tools for working metal to Puerto Rico?

In value terms, the largest machine-tool for working metal importing markets into Puerto Rico were the United States, China and Mexico, with a combined 31% share of total imports. These countries were followed by Germany, India, Vietnam, Russia, Canada, Italy, Brazil, the UK, Egypt and Algeria, which together accounted for a further 25%.

What are the leading importers of machine tools for working metal from Puerto Rico?

In value terms, Germany, Italy and China were the countries with the highest levels of exports in 2020, together comprising 41% of total exports.

What is the average export price for machine tools for working metal in Puerto Rico?

The machine-tool for working metal export price in Puerto Rico stood at $less than 0.1 per thousand units in 2020, remaining stable against the previous year.

What is the average import price for machine tools for working metal in Puerto Rico?

The machine-tool for working metal 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 market for machine-tool for working metal 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 28413120 - Numerically controlled bending, folding, straightening or flattening machines for working flat metal products (including presses)
Prodcom 28413140 - Numerically controlled bending, folding, straightening or flattening machines for working metal (including presses) (excluding those for working flat metal products)
Prodcom 28413160 - Non-numerically controlled bending, folding, straightening or flattening machines for working flat metal products (including presses)
Prodcom 28413180 - Non-numerically controlled bending, folding, straightening or flattening machines for working metal (including presses) (excluding those for working flat metal products)
Prodcom 28413220 - Numerically controlled shearing machines for working metal (including presses) (excluding combined punching and shearing machines)
Prodcom 28413240 - Numerically controlled punching or notching machines for working metal (including presses, combined punching and shearing machines)
Prodcom 28413260 - Non-numerically controlled shearing machines for working metal (including presses) (excluding combined punching and shearing machines)
Prodcom 28413280 - Non-numerically controlled punching or notching machines for working metal (including presses, combined punching and shearing machines)
Prodcom 28413310 - Numerically controlled forging or die-stamping machines and hammers for working metal (including presses)
Prodcom 28413320 - Non-numerically controlled forging or die-stamping machines and hammers for working metal (including presses)
Prodcom 28413330 -
Prodcom 28413340 -
Prodcom 28413370 -
Prodcom 28413380 -

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