Report Update Nov 1, 2024

Puerto Rico - Machinery for the Preparation or Manufacture of Food or Drink - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Food Manufacture Machinery Market 2024

Food Manufacture Machinery Market Size in Puerto Rico

The Puerto Rican food manufacture machinery market skyrocketed to $X in 2021, with an increase of 17% against the previous year. Over the period under review, consumption enjoyed a measured increase. Puerto Rico consumption peaked at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Food Manufacture Machinery Production in Puerto Rico

In value terms, food manufacture machinery production soared to $X in 2021 estimated in export price. Over the period under review, production enjoyed noticeable growth. The pace of growth appeared the most rapid in 2015 with an increase of 118% against the previous year. Over the period under review, production attained the peak level at $X in 2016; however, from 2017 to 2021, production failed to regain momentum.

Food Manufacture Machinery Exports

Exports by Country

In 2021, Italy (X units), followed by Germany (X units), China (X units), Spain (X units), Taiwan (Chinese) (X units) and the Netherlands (X units) represented the largest exporters of machinery for the preparation or manufacture of food or drink, together committing 63% of total exports. The following exporters - France (X units), Turkey (X units), Denmark (X units), the UK (X units), Poland (X units), Japan (X units) and Austria (X units) - together made up 21% of total exports.

From 2012 to 2021, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of +43.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest food manufacture machinery supplying countries from Puerto Rico were Italy ($X), Germany ($X) and China ($X), together accounting for 44% of total exports. These countries were followed by Denmark, France, the Netherlands, Spain, Japan, Taiwan (Chinese), the UK, Austria, Poland and Turkey, which together accounted for a further 31%.

Among the main exporting countries, Austria, with a CAGR of +21.6%, 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.

Food Manufacture Machinery Imports

Imports by Country

Indonesia (X units), the Czech Republic (X units), Russia (X units), Nigeria (X units), the Netherlands (X units), the United States (X units), the UK (X units), Spain (X units), Germany (X units), Canada (X units), South Korea (X units) and Italy (X units) represented roughly 49% of total imports in 2021. Poland (X units) held a little share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by the Czech Republic (with a CAGR of +33.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Russia ($X) and the UK ($X) were the countries with the highest levels of imports in 2021, together accounting for 24% of total imports. These countries were followed by South Korea, the Netherlands, Canada, Germany, Spain, Indonesia, Italy, Poland, Nigeria and the Czech Republic, which together accounted for a further 21%.

Among the main importing countries, the Netherlands, with a CAGR of +14.6%, saw the highest growth rate of 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 machinery for the preparation or manufacture of food or drink in the world?

The countries with the highest volumes of in 2021 were China, South Africa and the United States, with a combined 34% share of global consumption. These countries were followed by India, Norway, Japan, Brazil, Germany, Mexico, France, Democratic Republic of the Congo, Indonesia and Spain, which together accounted for a further 30%.

What are the largest producers of machinery for the preparation or manufacture of food or drink in the world?

The country with the largest volume of food manufacture machinery production was China, accounting for 20% of total volume. Moreover, food manufacture machinery production in China exceeded the figures recorded by the second-largest producer, South Africa, twofold. The third position in this ranking was occupied by India, with a 7% share.

What are the leading suppliers of machinery for the preparation or manufacture of food or drink to Puerto Rico?

In value terms, the United States constitutes the largest market for imported machinery for the preparation or manufacture of food or drink into Puerto Rico, comprising 14% of global imports. The second position in the ranking was occupied by the UK, with a 3.9% share of global imports. It was followed by the Netherlands, with a 3% share.

What are the leading importers of machinery for the preparation or manufacture of food or drink from Puerto Rico?

In value terms, the largest food manufacture machinery supplying countries from Puerto Rico were China, Italy and Germany, together accounting for 45% of total exports. These countries were followed by Denmark, France, the Netherlands, Spain, Japan, the UK, Taiwan Chinese), Austria, Turkey and South Africa, which together accounted for a further 29%.

What is the average export price for machinery for the preparation or manufacture of food or drink in Puerto Rico?

The export price in Puerto Rico stood at less than $0.1 per thousand units in 2021, approximately reflecting the previous year.

What is the average import price for machinery for the preparation or manufacture of food or drink in Puerto Rico?

In 2021, the import price in Puerto Rico amounted to less than $0.1 per thousand units, stabilizing at the previous year.

This report provides an in-depth analysis of the food manufacture 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 28931770 - Machinery for the preparation or manufacture of food or drink, n .e.c.

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