Puerto Rico: Memories Market 2025

Memories Market Size in Puerto Rico

The Puerto Rican memories market was finally on the rise to reach $X in 2021, after three years of decline. Overall, consumption, however, continues to indicate a abrupt curtailment. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Memories Production in Puerto Rico

In value terms, memories production surged to $X in 2021 estimated in export price. Overall, production, however, showed a deep reduction. The pace of growth was the most pronounced in 2017 when the production volume increased by 38% against the previous year. Puerto Rico production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Memories Exports

Exports from Puerto Rico

Memories exports from Puerto Rico amounted to less than X units in 2021, stabilizing at the year before. Over the period under review, exports recorded a relatively flat trend pattern.

In value terms, memories exports amounted to less than $X in 2021. Overall, exports continue to indicate a relatively flat trend pattern.

Exports by Country

In 2021, China (X units), Hong Kong SAR (X units), Singapore (X units), South Korea (X units), Taiwan (Chinese) (X units) and Japan (X units) was the major exporter of multichip integrated circuits: memories in the world, making up 92% of total export. Malaysia (X units) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Singapore (with a CAGR of +16.3%), while the other leaders experienced more modest paces of growth.

In value terms, the largest memories supplying countries from Puerto Rico were China ($X), South Korea ($X) and Hong Kong SAR ($X), together comprising 72% of total exports.

In terms of the main exporting countries, China, with a CAGR of +20.3%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Puerto Rico stood at less than $X per thousand units in 2021, flattening at the previous year. Overall, the export price recorded 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 South Korea ($X per thousand units), while Singapore ($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 Malaysia (+15.2%), while the other leaders experienced more modest paces of growth.

Memories Imports

Imports into Puerto Rico

In 2021, memories imports into Puerto Rico stood at less than X units, remaining constant against the previous year. Overall, imports showed a relatively flat trend pattern.

In value terms, memories imports amounted to less than $X in 2021. In general, imports continue to indicate a relatively flat trend pattern.

Imports by Country

China (X units) and Hong Kong SAR (X units) represented the largest importers of multichip integrated circuits: memories in 2021, amounting to near 36% and 25% of total imports, respectively. Taiwan (Chinese) (X units) held a 10% share (based on physical terms) of total imports, which put it in second place, followed by Singapore (7.3%) and South Korea (5.8%). Vietnam (X units), Malaysia (X units), Japan (X units) and the United States (X units) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Vietnam (with a CAGR of +120.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Hong Kong SAR ($X) and Taiwan (Chinese) ($X) appeared to be the countries with the highest levels of imports in 2021, with a combined 72% share of total imports. South Korea, Singapore, Malaysia, Vietnam, Japan and the United States lagged somewhat behind, together accounting for a further 23%.

In terms of the main importing countries, Vietnam, with a CAGR of +109.6%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Puerto Rico amounted to less than $X per thousand units, almost unchanged from the previous year. In general, the import price continues to indicate 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 South Korea ($X per thousand units), while Vietnam ($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 Singapore (+19.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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