Report Update Nov 1, 2024

Puerto Rico - Parts of Chains of Iron or Steel - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Metal Chain Parts Market 2024

Metal Chain Parts Market Size in Puerto Rico

The Puerto Rican metal chain parts market was finally on the rise to reach $X in 2021, after two years of decline. In general, consumption, however, recorded a noticeable slump. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Metal Chain Parts Production in Puerto Rico

In value terms, metal chain parts production skyrocketed to $X in 2021 estimated in export price. Overall, production, however, recorded a noticeable slump. The growth pace was the most rapid in 2013 with an increase of 24%. As a result, production reached the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Metal Chain Parts Exports

Exports by Country

In 2021, China (X tons), distantly followed by Indonesia (X tons), Germany (X tons), the United States (X tons), Taiwan (Chinese) (X tons), Spain (X tons) and India (X tons) were the key exporters of parts of chains of iron or steel, together comprising 69% of total exports. The Czech Republic (X tons), the Netherlands (X tons), the UK (X tons), Italy (X tons), Canada (X tons) and Australia (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Australia (with a CAGR of +18.8%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), China ($X) and the United States ($X) constituted the countries with the highest levels of exports in 2021, together comprising 44% of total exports. These countries were followed by Spain, Indonesia, Taiwan (Chinese), the Netherlands, Italy, India, the UK, the Czech Republic, Canada and Australia, which together accounted for a further 38%.

Australia, with a CAGR of +11.9%, saw the highest growth rate of 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.

Metal Chain Parts Imports

Imports by Country

In 2021, the United States (X tons), distantly followed by Canada (X tons), Austria (X tons), Germany (X tons) and the UK (X tons) were the main importers of parts of chains of iron or steel, together comprising 42% of total imports. India (X tons), France (X tons), Norway (X tons), Saudi Arabia (X tons), Malaysia (X tons), Thailand (X tons), Taiwan (Chinese) (X tons) and the Netherlands (X tons) followed a long way behind the leaders.

Imports into the United States increased at an average annual rate of +1.4% from 2012 to 2021. At the same time, the UK (+12.0%), Norway (+11.7%), Taiwan (Chinese) (+10.6%), Austria (+10.3%), Thailand (+4.8%), India (+3.7%) and Canada (+1.1%) displayed positive paces of growth. Moreover, the UK emerged as the fastest-growing importer imported in the world, with a CAGR of +12.0% from 2012-2021. Malaysia, Saudi Arabia and Germany experienced a relatively flat trend pattern. By contrast, the Netherlands (-4.4%) and France (-8.4%) illustrated a downward trend over the same period. While the share of Austria (+4.1 p.p.), the UK (+3.6 p.p.), the United States (+1.9 p.p.) and Norway (+1.8 p.p.) increased significantly in terms of the global imports from 2012-2021, the share of France (-3.5 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported parts of chains of iron or steel into Puerto Rico, comprising 15% of global imports. The second position in the ranking was held by Canada ($X), with a 7.1% share of global imports. It was followed by Germany, with a 6.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value in the United States was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: Canada (+3.9% per year) and Germany (-0.7% per year).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for parts of chains of iron or steel in the world?

China remains the largest metal chain parts consuming country worldwide, comprising approx. 21% of total volume. Moreover, metal chain parts consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by the United States, with a 6.1% share.

What are the largest producers of parts of chains of iron or steel in the world?

China constituted the country with the largest volume of metal chain parts production, accounting for 29% of total volume. Moreover, metal chain parts production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by Indonesia, with a 6.3% share.

What are the leading suppliers of parts of chains of iron or steel to Puerto Rico?

In value terms, the United States constitutes the largest market for imported parts of chains of iron or steel into Puerto Rico, comprising 15% of global imports. The second position in the ranking was occupied by Canada, with a 6.7% share of global imports. It was followed by Germany, with a 5.7% share.

What are the leading importers of parts of chains of iron or steel from Puerto Rico?

In value terms, Germany remains the largest metal chain parts supplier from Puerto Rico, comprising 25% of global exports. The second position in the ranking was occupied by China, with an 11% share of global exports. It was followed by the United States, with a 10% share.

What is the average export price for parts of chains of iron or steel in Puerto Rico?

The metal chain parts export price in Puerto Rico stood at $less than 0.1 per ton in 2020, standing approx. at the previous year.

What is the average import price for parts of chains of iron or steel in Puerto Rico?

The metal chain parts import price in Puerto Rico stood at $less than 0.1 per ton in 2020, remaining constant against the previous year.

This report provides an in-depth analysis of the metal chain parts 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 25931780 - Parts of chains, n.e.c., of iron or steel

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