Report Update Nov 1, 2024

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

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Puerto Rico: Nitrogen Market 2024

Nitrogen Market Size in Puerto Rico

The Puerto Rican nitrogen market was estimated at less than $X in 2021, therefore, remained relatively stable 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 showed a relatively flat trend pattern.

Nitrogen Exports

Exports from Puerto Rico

In 2021, approx. less than X cubic meters of nitrogen were exported from Puerto Rico; remaining constant against 2020. Over the period under review, exports recorded a relatively flat trend pattern.

In value terms, nitrogen exports stood at less than $X in 2021. In general, exports recorded a relatively flat trend pattern.

Exports by Country

In 2021, Belgium (X cubic meters) represented the major exporter of nitrogen, making up 41% of total exports. Germany (X cubic meters) took a 10% share (based on physical terms) of total exports, which put it in second place, followed by the United States (9.7%) and France (7.1%). Poland (X cubic meters), Austria (X cubic meters), the Czech Republic (X cubic meters), Singapore (X cubic meters), Italy (X cubic meters) and Kuwait (X cubic meters) took a relatively small share of total exports.

Belgium was also the fastest-growing in terms of the nitrogen exports, with a CAGR of +25.5% from 2012 to 2021. At the same time, Austria (+10.1%), the United States (+8.6%), Italy (+6.5%), Germany (+6.0%), France (+3.4%) and Poland (+1.7%) displayed positive paces of growth. By contrast, the Czech Republic (-1.0%), Kuwait (-4.9%) and Singapore (-9.9%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Belgium increased by +31 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Belgium ($X), France ($X) and Germany ($X) constituted the countries with the highest levels of exports in 2021, with a combined 40% share of total exports. The United States, Austria, Poland, Singapore, the Czech Republic, Italy and Kuwait lagged somewhat behind, together accounting for a further 28%.

Austria, with a CAGR of +16.7%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries 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 cubic meters in 2021, remaining relatively unchanged against the previous year. In general, the export price saw a relatively flat trend pattern.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Austria ($X per thousand cubic meters), while Belgium ($X per thousand cubic meters) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+6.0%), while the other leaders experienced more modest paces of growth.

Nitrogen Imports

Imports into Puerto Rico

In 2021, approx. less than X cubic meters of nitrogen were imported into Puerto Rico; approximately mirroring the previous year's figure. In general, imports showed a relatively flat trend pattern.

In value terms, nitrogen imports totaled less than $X in 2021. Overall, imports saw a relatively flat trend pattern.

Imports by Country

In 2021, the Netherlands (X cubic meters), distantly followed by Germany (X cubic meters), Canada (X cubic meters), Belgium (X cubic meters) and Slovakia (X cubic meters) were the largest importers of nitrogen, together achieving 54% of total imports. Singapore (X cubic meters), Hungary (X cubic meters), the Czech Republic (X cubic meters), France (X cubic meters), Malaysia (X cubic meters), Luxembourg (X cubic meters), Slovenia (X cubic meters) and Greece (X cubic meters) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Hungary (with a CAGR of +29.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) constitutes the largest market for imported nitrogen into Puerto Rico, comprising 21% of global imports. The second position in the ranking was held by Germany ($X), with an 8.8% share of global imports. It was followed by Belgium, with a 4.1% share.

In the Netherlands, nitrogen imports expanded at an average annual rate of +3.6% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Germany (-1.9% per year) and Belgium (-0.7% per year).

Import Prices by Country

The import price in Puerto Rico stood at less than $X per thousand cubic meters in 2021, stabilizing at the previous year. In general, 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 Greece ($X per thousand cubic meters), while Canada ($X per thousand cubic meters) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+9.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for nitrogen in the world?

China constituted the country with the largest volume of nitrogen consumption, accounting for 19% of total volume. Moreover, nitrogen consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The United States ranked third in terms of total consumption with a 5.7% share.

What are the largest producers of nitrogen in the world?

China remains the largest nitrogen producing country worldwide, comprising approx. 19% of total volume. Moreover, nitrogen production in China exceeded the figures recorded by the second-largest producer, India, threefold. The United States ranked third in terms of total production with a 5.7% share.

What are the leading suppliers of nitrogen to Puerto Rico?

In value terms, the Netherlands constitutes the largest market for imported nitrogen into Puerto Rico, comprising 21% of global imports. The second position in the ranking was occupied by Germany, with an 8.9% share of global imports. It was followed by Belgium, with a 4.4% share.

What are the leading importers of nitrogen from Puerto Rico?

In value terms, the largest nitrogen supplying countries from Puerto Rico were Belgium, Germany and the United States, with a combined 39% share of total exports. These countries were followed by France, Poland, the Czech Republic, Singapore, Italy, Portugal, Ireland, Sweden and Kuwait, which together accounted for a further 27%.

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

In 2021, the nitrogen export price in Puerto Rico amounted to $less than 0.1 per thousand cubic meters, standing approx. at the previous year.

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

In 2021, the nitrogen import price in Puerto Rico amounted to $less than 0.1 per thousand cubic meters, remaining constant against the previous year.

This report provides an in-depth analysis of the nitrogen 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 20111160 - Nitrogen

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