Puerto Rico: Market for Multiple-Walled Insulating Units Of Glass 2024

Market Size for Multiple-Walled Insulating Units Of Glass in Puerto Rico

The Puerto Rican multiple-walled insulating glass unit market shrank slightly to $X in 2021, with a decrease of -4.6% against the previous year. Overall, consumption showed a pronounced downturn. Puerto Rico consumption peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Production of Multiple-Walled Insulating Units Of Glass in Puerto Rico

In value terms, multiple-walled insulating glass unit production declined to $X in 2021 estimated in export price. Over the period under review, production showed a perceptible slump. The most prominent rate of growth was recorded in 2017 with an increase of 43% against the previous year. Puerto Rico production peaked at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Exports of Multiple-Walled Insulating Units Of Glass

Exports from Puerto Rico

In 2021, multiple-walled insulating glass unit exports from Puerto Rico stood at less than X square meters, flattening at 2020. Overall, exports saw a relatively flat trend pattern.

In value terms, multiple-walled insulating glass unit exports amounted to less than $X in 2021. In general, exports continue to indicate a relatively flat trend pattern.

Exports by Country

The biggest shipments were from Germany (X square meters), Poland (X square meters) and China (X square meters), together recording 49% of total export. The United States (X square meters) ranks next in terms of the total exports with an 8.2% share, followed by Turkey (5.7%) and Mexico (4.8%). Spain (X square meters), Croatia (X square meters), France (X square meters), Austria (X square meters), Lithuania (X square meters), Belgium (X square meters) and the Czech Republic (X square meters) held a relatively small share of total exports.

From 2012 to 2021, the biggest increases were recorded for Croatia (with a CAGR of +60.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Poland ($X) and China ($X) were the countries with the highest levels of exports in 2021, with a combined 45% share of total exports. These countries were followed by the United States, Mexico, Turkey, Spain, Austria, France, Belgium, Lithuania, Croatia and the Czech Republic, which together accounted for a further 36%.

Among the main exporting countries, Croatia, with a CAGR of +42.3%, saw 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

In 2021, the export price in Puerto Rico amounted to less than $X per thousand square meters, flattening at the previous year. In general, 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 Spain ($X per thousand square meters), while Croatia ($X per thousand square meters) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+3.9%), while the other leaders experienced more modest paces of growth.

Imports of Multiple-Walled Insulating Units Of Glass

Imports into Puerto Rico

In 2021, the amount of multiple-walled insulating units of glass imported into Puerto Rico stood at less than X square meters, stabilizing at the previous year's figure. Over the period under review, imports recorded a relatively flat trend pattern.

In value terms, multiple-walled insulating glass unit imports stood at less than $X in 2021. In general, imports showed a relatively flat trend pattern.

Imports by Country

In 2021, Canada (X square meters) and the Netherlands (X square meters) represented the main importers of multiple-walled insulating units of glassaround the world, together achieving 20% of total imports. Denmark (X square meters) ranks next in terms of the total imports with a 5.7% share, followed by Sweden (5.2%), Norway (5.1%), Poland (5.1%) and the United States (4.5%). Switzerland (X square meters), Italy (X square meters), Austria (X square meters), Germany (X square meters), Israel (X square meters) and Slovakia (X square meters) took a minor 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 Israel (with a CAGR of +41.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest multiple-walled insulating glass unit importing markets into Puerto Rico were the United States ($X), Canada ($X) and the Netherlands ($X), with a combined 35% share of total imports. Switzerland, Italy, Norway, Denmark, Sweden, Poland, Austria, Germany, Israel and Slovakia lagged somewhat behind, together accounting for a further 35%.

Among the main importing countries, Israel, with a CAGR of +38.4%, saw 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

The import price in Puerto Rico stood at less than $X per thousand square meters in 2021, approximately reflecting the previous year. In general, the import price continues to indicate a relatively flat trend pattern.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United States ($X per thousand square meters), while Poland ($X per thousand square meters) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+13.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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