Report Update Nov 1, 2024

Puerto Rico - Nitrites - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Nitrites Market 2024

Nitrites Market Size in Puerto Rico

The Puerto Rican nitrites market totaled less than $X in 2021, approximately mirroring 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 saw a relatively flat trend pattern.

Nitrites Exports

Exports from Puerto Rico

In 2021, exports of nitrites from Puerto Rico totaled less than X kg, flattening at the year before. Overall, exports continue to indicate a relatively flat trend pattern.

In value terms, nitrites exports totaled less than $X in 2021. Over the period under review, exports recorded a relatively flat trend pattern.

Exports by Country

China (X tons) were the major exporters of nitrites in 2021, resulting at near 45% and 0% of total exports, respectively. It was distantly followed by India (X tons), the United States (X tons) and Russia (X tons), together making up a 44% share of total exports. The Netherlands (X tons) and Saudi Arabia (X tons) took a little share of total exports.

From 2012 to 2021, nitrites exports from expanded with a China of -3.2%, while Germany (-4.6%) experienced a pronounced descent unchanged over the same period. At the same time, India (+13.2%), the Netherlands (+6.6%), Russia (+6.3%) and the United States (+3.9%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in the world, with a CAGR of +13.2% from 2012-2021. By contrast, Saudi Arabia (-15.8%) illustrated a downward trend over the same period. While the share of India (+17 p.p.), China (+11 p.p.), the United States (+9.4 p.p.) and Russia (+5.7 p.p.) increased significantly in terms of the global exports from 2012-2021, the share of Saudi Arabia (-1.9 p.p.) and Germany (-43 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest nitrites supplier from Puerto Rico, comprising 41% of global exports. The second position in the ranking was taken by India ($X), with a 20% share of global exports. It was followed by the United States, with a 14% share.

From 2012 to 2021, the average annual growth rate of value in China was relatively modest. In the other countries, the average annual rates were as follows: India (+11.4% per year) and the United States (-0.0% per year).

Export Prices by Country

The export price in Puerto Rico stood at less than $X per ton in 2021, approximately equating 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 Saudi Arabia ($X per ton), while the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+8.8%), while the other leaders experienced more modest paces of growth.

Nitrites Imports

Imports into Puerto Rico

In 2021, approx. less than X kg of nitrites were imported into Puerto Rico; standing approx. at the previous year. Overall, imports showed a relatively flat trend pattern.

In value terms, nitrites imports stood at less than $X in 2021. Over the period under review, imports recorded a relatively flat trend pattern.

Imports by Country

The purchases of the twelve major importers of nitrites, namely India, South Korea, the United States, Nigeria, Japan, the Netherlands, Canada, Taiwan (Chinese), Brazil, France, Germany and Indonesia, represented more than two-thirds of total import. Thailand (X tons) held a minor share of total imports.

From 2012 to 2021, the biggest increases were recorded for Nigeria (with a CAGR of +52.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest nitrites importing markets into Puerto Rico were India ($X), South Korea ($X) and the United States ($X), together accounting for 28% of total imports. The Netherlands, Nigeria, Canada, Japan, Taiwan (Chinese), Brazil, Germany, France, Indonesia and Thailand lagged somewhat behind, together comprising a further 40%.

In terms of the main importing countries, Nigeria, with a CAGR of +60.4%, 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.

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. In general, the import price saw a relatively flat trend pattern.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in the Netherlands ($X per ton) and Brazil ($X per ton), while France ($X per ton) and India ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+10.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for nitrites in the world?

The countries with the highest volumes of nitrites consumption in 2021 were Zambia, Canada and South Korea, together comprising 30% of global consumption. These countries were followed by Japan, Nigeria, the Netherlands, Taiwan Chinese), Chile, Brazil, France, China, Thailand and Ukraine, which together accounted for a further 40%.

What are the largest producers of nitrites in the world?

The country with the largest volume of nitrites production was China, accounting for 62% of total volume. Moreover, nitrites production in China exceeded the figures recorded by the second-largest producer, Germany, threefold. The third position in this ranking was occupied by Russia, with a 6.3% share.

What are the leading suppliers of nitrites to Puerto Rico?

In value terms, the largest nitrites importing markets into Puerto Rico were India, the United States and Canada, with a combined 26% share of total imports. The Netherlands, South Korea, Nigeria, Japan, Zambia, Brazil, Taiwan Chinese), Germany, France and Thailand lagged somewhat behind, together comprising a further 43%.

What are the leading importers of nitrites from Puerto Rico?

In value terms, the largest nitrites supplying countries from Puerto Rico were China, Germany and India, together comprising 72% of total exports.

What is the average export price for nitrites in Puerto Rico?

In 2021, the nitrites export price in Puerto Rico amounted to $less than 0.1 per ton, remaining constant against the previous year.

What is the average import price for nitrites in Puerto Rico?

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

This report provides an in-depth analysis of the nitrites 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 20152080 - Nitrites

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