Report Puerto Rico - Oil Crops - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Jun 1, 2025

Puerto Rico - Oil Crops - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Oil Crops Market 2025

Oil Crops Market Size in Puerto Rico

The Puerto Rican oil crops market reached $X in 2021, surging by 8% against the previous year. In general, consumption, however, faced a drastic downturn. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Oil Crops Production in Puerto Rico

In value terms, oil crops production expanded notably to $X in 2021 estimated in export price. In general, production, however, faced a abrupt shrinkage. The pace of growth appeared the most rapid in 2016 with an increase of 232%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

In 2021, the average yield of oil crops (primary) in Puerto Rico fell slightly to X tons per ha, leveling off at the previous year's figure. Overall, the yield saw a pronounced curtailment. The most prominent rate of growth was recorded in 2016 when the yield increased by 386%. The global yield peaked at X tons per ha in 2012; however, from 2013 to 2021, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, the harvested area of oil crops (primary) in Puerto Rico rose notably to X ha, with an increase of 5.7% against the year before. Over the period under review, the harvested area, however, faced a deep reduction. The pace of growth was the most pronounced in 2019 with an increase of 17%. Over the period under review, the harvested area dedicated to oil crops production attained the peak figure at X ha in 2013; however, from 2014 to 2021, the harvested area failed to regain momentum.

Oil Crops Exports

Exports from Puerto Rico

In 2021, approx. less than X kg of oil crops (primary) were exported from Puerto Rico; approximately mirroring the previous year's figure. Overall, exports recorded a relatively flat trend pattern.

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

Exports by Country

In 2021, Brazil (X tons), distantly followed by the United States (X tons) and Canada (X tons) represented the main exporters of oil crops (primary), together mixing up 69% of total exports. The following exporters - Argentina (X tons), Ukraine (X tons), Paraguay (X tons), the Netherlands (X tons), Russia (X tons), Australia (X tons) and France (X tons) - together made up 18% of total exports.

From 2012 to 2021, the biggest increases were recorded for Paraguay (with a CAGR of +12.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest oil crops supplying countries from Puerto Rico were Brazil ($X), the United States ($X) and Canada ($X), together accounting for 61% of total exports. Argentina, Ukraine, the Netherlands, France, Paraguay, Russia and Australia lagged somewhat behind, together accounting for a further 19%.

Russia, with a CAGR of +13.1%, recorded the highest growth rate of the value of exports, in terms of 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 ton in 2021, remaining stable against the previous year. In general, 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 France ($X per ton), while Brazil ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+3.0%), while the other leaders experienced more modest paces of growth.

Oil Crops Imports

Imports into Puerto Rico

Oil crops imports into Puerto Rico was estimated at less than X kg in 2021, therefore, remained relatively stable against the previous year's figure. Over the period under review, imports recorded a relatively flat trend pattern.

In value terms, oil crops imports totaled less than $X in 2021. Overall, imports recorded a relatively flat trend pattern.

Imports by Country

China prevails in imports structure, reaching X tons, which was near 53% of total imports in 2021. It was distantly followed by Germany (X tons), creating a 5% share of total imports. The Netherlands (X tons), Japan (X tons), Argentina (X tons), Thailand (X tons), Spain (X tons), Turkey (X tons), Mexico (X tons), Pakistan (X tons) and Belgium (X tons) followed a long way behind the leaders.

Imports into China increased at an average annual rate of +5.8% from 2012 to 2021. At the same time, Argentina (+101.1%), Pakistan (+16.9%), Thailand (+7.7%), Turkey (+4.7%), the Netherlands (+2.2%), Germany (+1.6%) and Mexico (+1.0%) displayed positive paces of growth. Moreover, Argentina emerged as the fastest-growing importer imported in the world, with a CAGR of +101.1% from 2012-2021. Japan and Spain experienced a relatively flat trend pattern. By contrast, Belgium (-1.4%) illustrated a downward trend over the same period. From 2012 to 2021, the share of China and Argentina increased by +3.9 and +2.5 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported oil crops (primary) into Puerto Rico, comprising 49% of global imports. The second position in the ranking was held by Germany ($X), with a 5.2% share of global imports. It was followed by Japan, with a 3.4% share.

In China, oil crops imports expanded at an average annual rate of +4.8% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Germany (+1.6% per year) and Japan (+0.4% per year).

Import Prices by Country

In 2021, the import price in Puerto Rico amounted to less than $X per ton, flattening at 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 Mexico ($X per ton), while Argentina ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+4.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of in 2021 were China, the United States and India, together accounting for 49% of global consumption.
The countries with the highest volumes of in 2021 were Brazil, the United States and China, together accounting for 47% of global production. These countries were followed by India, Argentina, Canada, Russia, Ukraine, Indonesia, the Philippines and Paraguay, which together accounted for a further 35%.
In value terms, China constitutes the largest market for imported oil crops primary) into Puerto Rico, comprising 52% of global imports. The second position in the ranking was occupied by Germany, with a 5.4% share of global imports. It was followed by Japan, with a 3.6% share.
In value terms, Brazil remains the largest oil crops supplier from Puerto Rico, comprising 37% of global exports. The second position in the ranking was occupied by Canada, with a 7.6% share of global exports. It was followed by Argentina, with a 3.7% share.
The export price in Puerto Rico stood at less than $0.1 per ton in 2021, remaining stable against the previous year.
The import price in Puerto Rico stood at less than $0.1 per ton in 2021, remaining stable against the previous year.

This report provides an in-depth analysis of the oil crops 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:

  • FCL 249 - Coconuts
  • FCL 236 - Soybeans
  • FCL 242 - Groundnuts, in shell
  • FCL 333 - Linseed
  • FCL 270 - Rapeseed or colza seed
  • FCL 267 - Sunflower seed
  • FCL 289 - Sesame seed
  • FCL 292 - Mustard seed
  • FCL 296 - Poppy seed
  • FCL 265 - Castor Beans
  • FCL 336 -
  • FCL 277 -
  • FCL 310 -
  • FCL 263 -
  • FCL 299 - Melonseed
  • FCL 254 -
  • FCL 339 -
  • FCL 280 -
  • FCL 305 -
  • FCL 275 -
  • FCL 311 -
  • FCL 312 -
  • FCL 329 - Cottonseed

Country coverage:

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND THE AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional EditionPRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and its Prospects

    1. MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    3. TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    4. PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    5. MARKET FORECAST TO 2035
  4. 4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION

    Finding New Products to Diversify Your Business

    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCTS
    4. MOST TRADED PRODUCTS
    5. MOST PROFITABLE PRODUCTS FOR EXPORTS
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Export

    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
    3. IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
    3. EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    4. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
    5. Imports, In Physical Terms, By Country, 2012-2024
    6. Imports, In Value Terms, By Country, 2012-2024
    7. Import Prices, By Country, 2012-2024
    8. Exports, In Physical Terms, By Country, 2012-2024
    9. Exports, In Value Terms, By Country, 2012-2024
    10. Exports Prices, By Country, 2012-2024
  12. LIST OF FIGURES

    1. Market Volume, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    2. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Market Structure – Domestic Supply Vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    4. Market Structure – Domestic Supply Vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    5. Trade Balance, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    6. Trade Balance, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    7. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
    8. Market Volume Forecast to 2035
    9. Market Value Forecast to 2035
    10. Market Size and Growth, by Product
    11. Average Per Capita Consumption, by Product
    12. Exports and Growth, by Product
    13. Export Prices and Growth, by Product
    14. Production Volume and Growth
    15. Yield and Growth
    16. Exports and Growth
    17. Export Prices and Growth
    18. Market Size and Growth
    19. Per Capita Consumption
    20. Imports and Growth
    21. Import Prices
    22. Production, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    23. Production, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    24. Harvested Area: Historical Data (2012–2024) and Forecast (2025–2035)
    25. Yield: Historical Data (2012–2024) and Forecast (2025–2035)
    26. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    27. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    28. Imports, in Physical Terms, by Country, 2024
    29. Imports, in Physical Terms, by Country, 2012-2024
    30. Imports, in Value Terms, by Country, 2012-2024
    31. Import Prices, by Country, 2012-2024
    32. Exports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    33. Exports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    34. Exports, in Physical Terms, by Country, 2024
    35. Exports, in Physical Terms, by Country, 2012-2024
    36. Exports, in Value Terms, by Country, 2012-2024
    37. Export Prices, by Country, 2012-2024

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