Report Update Nov 1, 2024

Puerto Rico - Personal Weighing Machines - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Personal Weighing Machine Market 2024

Personal Weighing Machine Market Size in Puerto Rico

The Puerto Rican personal weighing machine market shrank to $X in 2021, waning by -11.8% against the previous year. Overall, consumption continues to indicate a slight descent. Over the period under review, the market attained the maximum level at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Personal Weighing Machine Production in Puerto Rico

In value terms, personal weighing machine production fell to $X in 2021 estimated in export price. In general, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the production volume increased by 35% against the previous year. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2021, production failed to regain momentum.

Personal Weighing Machine Exports

Exports by Country

China dominates exports structure, reaching X units, which was approx. 85% of total exports in 2021. The following exporters - Germany (X units) and the Netherlands (X units) - each finished at a 6.4% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to personal weighing machine exports from China stood at +10.2%. At the same time, the Netherlands (+10.9%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in the world, with a CAGR of +10.9% from 2012-2021. Germany experienced a relatively flat trend pattern. While the share of China (+11 p.p.) increased significantly in terms of the global exports from 2012-2021, the share of Germany (-3.1 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest personal weighing machine supplier from Puerto Rico, comprising 76% of global exports. The second position in the ranking was held by Germany ($X), with a 5.5% share of global exports.

From 2012 to 2021, the average annual growth rate of value in China stood at +12.9%. In the other countries, the average annual rates were as follows: Germany (+2.7% per year) and the Netherlands (+5.5% per year).

Personal Weighing Machine Imports

Imports by Country

In 2021, the United States (X units), distantly followed by Germany (X units), Russia (X units), Brazil (X units), the Netherlands (X units) and France (X units) were the major importers of personal weighing machines, together generating 45% of total imports. The following importers - India (X units), the UK (X units), Italy (X units), South Korea (X units), Japan (X units), Spain (X units) and Poland (X units) - together made up 20% of total imports.

From 2012 to 2021, average annual rates of growth with regard to personal weighing machine imports into the United States stood at +5.9%. At the same time, India (+26.0%), Brazil (+18.0%), South Korea (+15.6%), Poland (+13.1%), Russia (+12.2%), the Netherlands (+10.9%), Spain (+7.1%), Germany (+6.1%), France (+5.8%), Japan (+5.1%), Italy (+4.6%) and the UK (+1.2%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing importer imported in the world, with a CAGR of +26.0% from 2012-2021. While the share of the United States (+5.5 p.p.), Brazil (+4.4 p.p.), Russia (+3.9 p.p.), India (+3.7 p.p.), the Netherlands (+2.9 p.p.), Germany (+2.6 p.p.), South Korea (+1.9 p.p.) and France (+1.6 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X), Germany ($X) and France ($X) appeared to be the countries with the highest levels of imports in 2021, with a combined 33% share of total imports. These countries were followed by the Netherlands, the UK, Russia, Italy, Japan, South Korea, Poland, Spain, Brazil and India, which together accounted for a further 30%.

In terms of the main importing countries, India, with a CAGR of +19.7%, recorded 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.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for personal weighing machines in the world?

The countries with the highest volumes of in 2021 were South Africa, China and the United States, with a combined 59% share of global consumption. These countries were followed by India, Russia, Indonesia, Germany, Turkey, France, the UK, Japan and Brazil, which together accounted for a further 24%.

What are the largest producers of personal weighing machines in the world?

The country with the largest volume of personal weighing machine production was China, accounting for 85% of total volume. Moreover, personal weighing machine production in China exceeded the figures recorded by the second-largest producer, India, more than tenfold. Indonesia ranked third in terms of total production with a 2.4% share.

What are the leading suppliers of personal weighing machines to Puerto Rico?

In value terms, the largest personal weighing machine importing markets into Puerto Rico were the United States, Germany and France, with a combined 35% share of total imports. These countries were followed by the Netherlands, the UK, Russia, Japan, Italy, Brazil, India and South Africa, which together accounted for a further 23%.

What are the leading importers of personal weighing machines from Puerto Rico?

In value terms, China remains the largest personal weighing machine supplier from Puerto Rico, comprising 66% of global exports. The second position in the ranking was occupied by Germany, with a 7.5% share of global exports.

What is the average export price for personal weighing machines in Puerto Rico?

The export price in Puerto Rico stood at less than $0.1 per thousand units in 2021, remaining constant against the previous year.

What is the average import price for personal weighing machines in Puerto Rico?

The import price in Puerto Rico stood at less than $0.1 per thousand units in 2021, flattening at the previous year.

This report provides an in-depth analysis of the personal weighing machine 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 28293200 - Personal weighing machines, including baby scales, h ousehold scales

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