Puerto Rico - Machinery for the Extraction or Preparation of Animal or Fixed Vegetable Fats or Oils - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPuerto 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) :
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:
- 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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- 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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- 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- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- 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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
Recommended reports
This report provides an in-depth analysis of the fats preparation machinery market in Asia.
This report provides an in-depth analysis of the fats preparation machinery market in the U.S..
This report provides an in-depth analysis of the fats preparation machinery market in China.
This report provides an in-depth analysis of the fats preparation machinery market in the EU.
This report provides an in-depth analysis of the global fats preparation machinery market.
- Market Research in Puerto Rico
- Fats Preparation Machinery Market
- Tobacco Making Machinery Market
- Non-electric Bakery Oven Market
- Agricultural Product Dryer Market
- Centrifugal Cream Separator Market
- Dairy Machinery Market
- Beverage Manufacturing Press Market
- Seed Cleaning Market
- Milling Industry Machinery Market