Puerto Rico: Oxygen-Function Amino-Compound Market 2024

Oxygen-Function Amino-Compound Market Size in Puerto Rico

The Puerto Rican oxygen-function amino-compound market skyrocketed to $X in 2021, picking up by 21% against the previous year. In general, consumption saw prominent growth. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Oxygen-Function Amino-Compound Production in Puerto Rico

In value terms, oxygen-function amino-compound production surged to $X in 2021 estimated in export price. Overall, production enjoyed prominent growth. The growth pace was the most rapid in 2014 when the production volume increased by 139% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2021, production growth failed to regain momentum.

Oxygen-Function Amino-Compound Exports

Exports from Puerto Rico

In 2021, the amount of oxygen-function amino-compounds exported from Puerto Rico totaled less than X kg, approximately reflecting the year before. In general, exports recorded a relatively flat trend pattern.

In value terms, oxygen-function amino-compound exports amounted to less than $X in 2021. Over the period under review, exports showed a relatively flat trend pattern.

Exports by Country

China was the key exporter of oxygen-function amino-compounds in the world, with the volume of exports amounting to X tons, which was approx. 43% of total exports in 2021. The United States (X tons) took an 8.6% share (based on physical terms) of total exports, which put it in second place, followed by Saudi Arabia (8.1%), Belgium (7.4%), the Netherlands (7.3%) and Germany (7.3%). France (X tons), the UK (X tons) and Malaysia (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to oxygen-function amino-compound exports from China stood at +14.1%. At the same time, Saudi Arabia (+17.6%), the Netherlands (+7.7%), France (+6.4%), Belgium (+2.9%) and Germany (+1.1%) displayed positive paces of growth. Moreover, Saudi Arabia emerged as the fastest-growing exporter exported in the world, with a CAGR of +17.6% from 2012-2021. By contrast, the United States (-3.8%), Malaysia (-4.0%) and the UK (-7.5%) illustrated a downward trend over the same period. While the share of China (+22 p.p.) and Saudi Arabia (+5.1 p.p.) increased significantly in terms of the global exports from 2012-2021, the share of Belgium (-1.7 p.p.), Malaysia (-2 p.p.), the UK (-2.6 p.p.), Germany (-3.2 p.p.) and the United States (-10.9 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest oxygen-function amino-compound supplier from Puerto Rico, comprising 27% of global exports. The second position in the ranking was taken by Belgium ($X), with an 8.9% share of global exports. It was followed by the UK, with a 6.5% share.

From 2012 to 2021, the average annual growth rate of value in China totaled +10.2%. In the other countries, the average annual rates were as follows: Belgium (-9.1% per year) and the UK (+2.4% per year).

Export Prices by Country

The export price in Puerto Rico stood at less than $X per ton in 2021, standing approx. at the previous year. Over the period under review, 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 the UK ($X per ton), while Malaysia ($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 UK (+10.6%), while the other leaders experienced more modest paces of growth.

Oxygen-Function Amino-Compound Imports

Imports into Puerto Rico

In 2021, approx. less than X kg of oxygen-function amino-compounds were imported into Puerto Rico; almost unchanged from 2020 figures. Overall, imports continue to indicate a relatively flat trend pattern.

In value terms, oxygen-function amino-compound imports totaled less than $X in 2021. In general, imports recorded a relatively flat trend pattern.

Imports by Country

The countries with the highest levels of oxygen-function amino-compound imports in 2021 were the United States (X tons), the Netherlands (X tons), Belgium (X tons), China (X tons), India (X tons), Germany (X tons), France (X tons), Canada (X tons), Spain (X tons), the UK (X tons), Brazil (X tons) and Italy (X tons), together finishing at 61% of total import. Russia (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Russia (with a CAGR of +14.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest oxygen-function amino-compound importing markets into Puerto Rico were the United States ($X), Germany ($X) and Belgium ($X), with a combined 35% share of total imports. India, Italy, China, the Netherlands, France, Spain, the UK, Brazil, Russia and Canada lagged somewhat behind, together accounting for a further 32%.

Russia, with a CAGR of +17.1%, saw the highest rates of growth with regard to the value of imports, in terms of 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, approximately equating 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 Germany ($X per ton), while Canada ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+3.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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