Report Update Nov 1, 2024

Puerto Rico - Nitrates (Excluding Those of Potassium) - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Nitrates Market 2024

Nitrates Market Size in Puerto Rico

The Puerto Rican nitrates market totaled less than $X in 2021, remaining relatively unchanged against 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). In general, consumption continues to indicate a relatively flat trend pattern.

Nitrates Exports

Exports from Puerto Rico

In 2021, nitrates exports from Puerto Rico totaled less than X kg, leveling off at 2020. In general, exports saw a relatively flat trend pattern.

In value terms, nitrates exports amounted to less than $X in 2021. Over the period under review, exports saw a relatively flat trend pattern.

Exports by Country

Norway (X tons) and China (X tons) represented roughly 67% of total exports in 2021. It was distantly followed by Poland (X tons), creating a 5.7% share of total exports. Spain (X tons), Russia (X tons), the Netherlands (X tons), Malaysia (X tons), Belgium (X tons) and the United States (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Russia (with a CAGR of +24.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest nitrates supplying countries from Puerto Rico were China ($X), Norway ($X) and Belgium ($X), together comprising 48% of total exports. Spain, Poland, the United States, Russia, the Netherlands and Malaysia lagged somewhat behind, together accounting for a further 26%.

Among the main exporting countries, Malaysia, with a CAGR of +17.3%, 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

In 2021, the export price in Puerto Rico amounted to less than $X per ton, standing approx. at the previous year. Over the period under review, the export price saw 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 Belgium ($X per ton), while Norway ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+2.5%), while the other leaders experienced more modest paces of growth.

Nitrates Imports

Imports into Puerto Rico

In 2021, approx. less than X kg of nitrates (excluding those of potassium) were imported into Puerto Rico; remaining stable against the previous year's figure. Over the period under review, imports showed a relatively flat trend pattern.

In value terms, nitrates imports stood at less than $X in 2021. Overall, imports saw a relatively flat trend pattern.

Imports by Country

South Africa (X tons) and the United States (X tons) were the major importers of nitrates (excluding those of potassium) in 2021, resulting at near 11% and 11% of total imports, respectively. France (X tons) held a 7.3% share (based on physical terms) of total imports, which put it in second place, followed by Australia (5.1%), Germany (4.8%) and Malaysia (4.7%). The following importers - Italy (X tons), Spain (X tons), Japan (X tons), South Korea (X tons), Canada (X tons), Chile (X tons) and the UK (X tons) - together made up 22% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by South Africa (with a CAGR of +21.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), the United States ($X) and South Korea ($X) constituted the countries with the highest levels of imports in 2021, together accounting for 18% of total imports. These countries were followed by South Africa, France, Germany, Australia, Canada, Spain, Malaysia, Italy, the UK and Chile, which together accounted for a further 36%.

South Africa, with a CAGR of +9.6%, saw the highest growth rate of the value of imports, among the main importing countries 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 ton, remaining relatively unchanged against the previous year. Overall, 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 Japan ($X per ton), while South Africa ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+3.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for nitrates (excluding those of potassium) in the world?

The country with the largest volume of nitrates consumption was China, comprising approx. 20% of total volume. Moreover, nitrates consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with a 7.5% share.

What are the largest producers of nitrates (excluding those of potassium) in the world?

China remains the largest nitrates producing country worldwide, comprising approx. 30% of total volume. Moreover, nitrates production in China exceeded the figures recorded by the second-largest producer, Norway, threefold. The third position in this ranking was occupied by India, with a 7.5% share.

What are the leading suppliers of nitrates (excluding those of potassium) to Puerto Rico?

In value terms, Japan, the United States and France appeared to be the countries with the highest levels of imports in 2021, with a combined 20% share of total imports. Germany, South Korea, Thailand, Spain, Italy, Malaysia, Canada, the UK, Chile and Turkey lagged somewhat behind, together comprising a further 31%.

What are the leading importers of nitrates (excluding those of potassium) from Puerto Rico?

In value terms, the largest nitrates supplying countries from Puerto Rico were China, Belgium and Norway, with a combined 43% share of total exports. Spain, Poland, the United States, Russia and the Netherlands lagged somewhat behind, together comprising a further 28%.

What is the average export price for nitrates (excluding those of potassium) in Puerto Rico?

In 2021, the export price in Puerto Rico amounted to $less than 0.1 per ton, flattening at the previous year.

What is the average import price for nitrates (excluding those of potassium) in Puerto Rico?

The import price in Puerto Rico stood at $less than 0.1 per ton in 2021, standing approx. at the previous year.

This report provides an in-depth analysis of the nitrates 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 20134210 - Nitrates (excluding those of potassium)

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