Report Puerto Rico - Machinery for the Extraction or Preparation of Animal or Fixed Vegetable Fats or Oils - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Puerto Rico - Machinery for the Extraction or Preparation of Animal or Fixed Vegetable Fats or Oils - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Fats Preparation Machinery Market 2024

Fats Preparation Machinery Market Size in Puerto Rico

In 2021, the Puerto Rican fats preparation machinery market was finally on the rise to reach $X after three years of decline. In general, consumption, however, saw a pronounced shrinkage. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market remained at a lower figure.

Fats Preparation Machinery Production in Puerto Rico

In value terms, fats preparation machinery production soared to $X in 2021 estimated in export price. In general, production, however, showed a noticeable reduction. The pace of growth was the most pronounced in 2015 with an increase of 43%. As a result, production attained the peak level of $X. From 2016 to 2021, production growth failed to regain momentum.

Fats Preparation Machinery Exports

Exports by Country

In 2021, Italy (X units), distantly followed by Belgium (X units), Malaysia (X units), India (X units), Spain (X units) and China (X units) represented the major exporters of machinery for the extraction or preparation of animal or fixed vegetable fats or oils, together comprising 70% of total exports. The following exporters - Germany (X units), Denmark (X units), the UK (X units), Turkey (X units), Poland (X units), Croatia (X units) and the Czech Republic (X units) - together made up 19% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Croatia (with a CAGR of +111.6%), while the other leaders experienced more modest paces of growth.

In value terms, the largest fats preparation machinery supplying countries from Puerto Rico were Malaysia ($X), Italy ($X) and China ($X), with a combined 50% share of total exports. India, Belgium, Germany, Turkey, Spain, Denmark, the UK, the Czech Republic, Poland and Croatia lagged somewhat behind, together comprising a further 37%.

Among the main exporting countries, Croatia, with a CAGR of +119.6%, recorded 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.

Fats Preparation Machinery Imports

Imports by Country

Indonesia was the largest importing country with an import of about X units, which amounted to 28% of total imports. The United States (X units) took a 12% share (based on physical terms) of total imports, which put it in second place, followed by Bolivia (8.9%) and Morocco (8.1%). Belgium (X units), Spain (X units), Nigeria (X units), Thailand (X units), Ethiopia (X units), Ukraine (X units), Turkey (X units), Nicaragua (X units) and South Africa (X units) followed a long way behind the leaders.

Imports into Indonesia decreased at an average annual rate of -6.1% from 2012 to 2021. At the same time, Bolivia (+88.5%), Nicaragua (+44.4%), Ethiopia (+25.0%), Thailand (+18.4%), Morocco (+18.0%), Belgium (+7.9%), Spain (+2.2%) and Nigeria (+1.6%) displayed positive paces of growth. Moreover, Bolivia emerged as the fastest-growing importer imported in the world, with a CAGR of +88.5% from 2012-2021. The United States experienced a relatively flat trend pattern. By contrast, Ukraine (-9.5%), Turkey (-10.3%) and South Africa (-34.3%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Bolivia, Morocco, Thailand, Belgium and Ethiopia increased by +8.9, +6.4, +2.1, +2 and +1.5 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Indonesia ($X) constitutes the largest market for imported machinery for the extraction or preparation of animal or fixed vegetable fats or oils into Puerto Rico, comprising 16% of global imports. The second position in the ranking was taken by Spain ($X), with a 3.6% share of global imports. It was followed by Nigeria, with a 3.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Indonesia stood at -8.0%. In the other countries, the average annual rates were as follows: Spain (+11.5% per year) and Nigeria (+5.0% per year).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of in 2021 were China, Indonesia and the United States, together comprising 40% of global consumption. These countries were followed by India, Italy, Japan, Germany, Pakistan, Brazil, France, Morocco, the UK and Mexico, which together accounted for a further 33%.
The country with the largest volume of fats preparation machinery production was China, comprising approx. 22% of total volume. Moreover, fats preparation machinery production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. India ranked third in terms of total production with a 10% share.
In value terms, Indonesia constitutes the largest market for imported machinery for the extraction or preparation of animal or fixed vegetable fats or oils into Puerto Rico, comprising 16% of global imports. The second position in the ranking was occupied by Spain, with a 3.7% share of global imports. It was followed by Nigeria, with a 3.1% share.
In value terms, Malaysia, Italy and China constituted the countries with the highest levels of exports in 2021, with a combined 46% share of total exports. These countries were followed by India, Belgium, Germany, Turkey, Spain, Denmark, the UK, Singapore and Ukraine, which together accounted for a further 39%.
The export price in Puerto Rico stood at less than $0.1 per thousand units in 2021, leveling off at the previous year.
In 2021, the import price in Puerto Rico amounted to less than $0.1 per thousand units, approximately reflecting the previous year.

This report provides an in-depth analysis of the fats preparation machinery 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 28931780 - Machinery for the extraction or preparation of animal or fixed vegetable fats or oils

Country coverage:

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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

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