Report Update Nov 1, 2024

Puerto Rico - Machines for Working Wire - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Working Wire Machine Market 2024

Working Wire Machine Market Size in Puerto Rico

The Puerto Rican working wire machine market amounted to less than $X in 2021, leveling off at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate a relatively flat trend pattern.

Working Wire Machine Exports

Exports from Puerto Rico

Working wire machine exports from Puerto Rico totaled less than X units in 2021, remaining constant against the year before. Over the period under review, exports recorded a relatively flat trend pattern.

In value terms, working wire machine exports stood at less than $X in 2021. Overall, exports recorded a relatively flat trend pattern.

Exports by Country

In 2021, China (X units) and the United States (X units) were the key exporters of machines for working wirearound the world, together generating 70% of total exports. Taiwan (Chinese) (X units) took an 11% share (based on physical terms) of total exports, which put it in second place, followed by Italy (4.5%), Singapore (0.5%) and the UK (1.5%). India (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +15.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X) remains the largest working wire machine supplier from Puerto Rico, comprising 38% of global exports. The second position in the ranking was taken by Italy ($X), with a 12% share of global exports. It was followed by Taiwan (Chinese), with a 7.1% share.

From 2012 to 2021, the average annual growth rate of value in China amounted to +11.8%. The remaining exporting countries recorded the following average annual rates of exports growth: Italy (+1.1% per year) and Taiwan (Chinese) (-3.0% per year).

Export Prices by Country

The export price in Puerto Rico stood at less than $X per thousand units in 2021, approximately equating the previous year. Over the period under review, the export price showed a relatively flat trend pattern.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Italy ($X per thousand units), while India ($X per thousand units) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+9.1%), while the other leaders experienced more modest paces of growth.

Working Wire Machine Imports

Imports into Puerto Rico

Working wire machine imports into Puerto Rico totaled less than X units in 2021, remaining stable against 2020 figures. In general, imports saw a relatively flat trend pattern.

In value terms, working wire machine imports amounted to less than $X in 2021. Over the period under review, imports recorded a relatively flat trend pattern.

Imports by Country

Canada (X units) and Spain (X units) represented the main importers of machines for working wire in 2021, accounting for approx. 14% and 12% of total imports, respectively. India (X units) took the next position in the ranking, followed by Nepal (X units) and the UK (X units). All these countries together took near 17% share of total imports. The following importers - Italy (X units), the United States (X units), the Philippines (X units), Turkey (X units), Belgium (X units), the United Arab Emirates (X units), Singapore (X units) and Brazil (X units) - together made up 23% of total imports.

From 2012 to 2021, the biggest increases were recorded for Nepal (with a CAGR of +49.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constitutes the largest market for imported machines for working wire into Puerto Rico, comprising 14% of global imports. The second position in the ranking was held by Turkey ($X), with a 5.7% share of global imports. It was followed by Italy, with a 3.7% share.

In the United States, working wire machine imports expanded at an average annual rate of +4.5% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Turkey (+7.4% per year) and Italy (+5.4% per year).

Import Prices by Country

The import price in Puerto Rico stood at less than $X per thousand units in 2021, remaining relatively unchanged against the previous year. Overall, the import price saw a relatively flat trend pattern.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per thousand units), while Spain ($X per thousand units) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+64.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for machines for working wire in the world?

The countries with the highest volumes of working wire machine consumption in 2021 were South Africa, China and the United States, together comprising 90% of global consumption.

What are the largest producers of machines for working wire in the world?

China constituted the country with the largest volume of working wire machine production, comprising approx. 74% of total volume. Moreover, working wire machine production in China exceeded the figures recorded by the second-largest producer, the United States, fivefold. The UK ranked third in terms of total production with a 1.8% share.

What are the leading suppliers of machines for working wire to Puerto Rico?

In value terms, the largest working wire machine importing markets into Puerto Rico were Vietnam, Italy and Brazil, together comprising 9.9% of total imports.

What are the leading importers of machines for working wire from Puerto Rico?

In value terms, China remains the largest working wire machine supplier from Puerto Rico, comprising 33% of global exports. The second position in the ranking was occupied by Italy, with an 11% share of global exports. It was followed by Germany, with an 8% share.

What is the average export price for machines for working wire in Puerto Rico?

The working wire machine export price in Puerto Rico stood at $less than 0.1 per thousand units in 2021, stabilizing at the previous year.

What is the average import price for machines for working wire in Puerto Rico?

In 2021, the working wire machine import price in Puerto Rico amounted to $less than 0.1 per thousand units, approximately mirroring the previous year.

This report provides an in-depth analysis of the working wire machine 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 28413450 - Machines for working wire (excluding draw-benches, thread rolling machines)

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