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Report Puerto Rico - Planes, Chisels and Gouges for Working Wood - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Mar 1, 2025

Puerto Rico - Planes, Chisels and Gouges for Working Wood - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Gouges And Chisels Market 2025

Gouges And Chisels Market Size in Puerto Rico

After two years of decline, the Puerto Rican gouges and chisels market increased by 18% to $X in 2021. In general, the total consumption indicated a mild expansion from 2012 to 2021: its value increased at an average annual rate of +1.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -43.1% against 2018 indices. Puerto Rico consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Gouges And Chisels Production in Puerto Rico

In value terms, gouges and chisels production skyrocketed to $X in 2021 estimated in export price. In general, the total production indicated slight growth from 2012 to 2021: its value increased at an average annual rate of +1.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -44.0% against 2018 indices. The most prominent rate of growth was recorded in 2013 with an increase of 54% against the previous year. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Gouges And Chisels Exports

Exports by Country

China represented the largest exporter of planes, chisels and gouges for working wood in the world, with the volume of exports recording X tons, which was approx. 70% of total exports in 2021. It was distantly followed by India (X tons), creating an 11% share of total exports. The following exporters - Israel (X tons), the UK (X tons), Belgium (X tons), South Korea (X tons), the United States (X tons) and Taiwan (Chinese) (X tons) - together made up 11% of total exports.

Exports from China increased at an average annual rate of +4.4% from 2012 to 2021. At the same time, South Korea (+34.2%), Israel (+10.8%), the UK (+5.3%) and India (+1.6%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing exporter exported in the world, with a CAGR of +34.2% from 2012-2021. Belgium and Taiwan (Chinese) experienced a relatively flat trend pattern. By contrast, the United States (-18.3%) illustrated a downward trend over the same period. While the share of China (+6.1 p.p.), Israel (+1.6 p.p.) and South Korea (+1.6 p.p.) increased significantly in terms of the global exports from 2012-2021, the share of India (-1.9 p.p.) and the United States (-3 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest gouges and chisels supplier from Puerto Rico, comprising 49% of global exports. The second position in the ranking was taken by the UK ($X), with a 7.2% share of global exports. It was followed by India, with a 5.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value in China totaled +8.1%. In the other countries, the average annual rates were as follows: the UK (+5.9% per year) and India (+3.8% per year).

Gouges And Chisels Imports

Imports by Country

In 2021, the United States (X tons), followed by the UK (X tons), the Netherlands (X tons) and Belgium (X tons) represented the key importers of planes, chisels and gouges for working wood, together comprising 33% of total imports. Indonesia (X tons), Oman (X tons), Germany (X tons), Chile (X tons), India (X tons), Russia (X tons), Poland (X tons), France (X tons) and the United Arab Emirates (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were in Oman (with a CAGR of +36.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), the Netherlands ($X) and Germany ($X) were the countries with the highest levels of imports in 2021, together accounting for 35% of total imports.

The Netherlands, with a CAGR of +18.5%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for 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 44% of global consumption. These countries were followed by Japan, Malaysia, Mexico, the UK, Turkey, Indonesia, the Netherlands, Spain and Oman, which together accounted for a further 23%.
China remains the largest gouges and chisels producing country worldwide, accounting for 60% of total volume. Moreover, gouges and chisels production in China exceeded the figures recorded by the second-largest producer, India, fivefold. Japan ranked third in terms of total production with a 4.8% share.
In value terms, the United States, the Netherlands and Germany appeared to be the countries with the highest levels of imports in 2021, with a combined 35% share of total imports. These countries were followed by the UK, Belgium, France, Poland, Russia, Malaysia, Indonesia, Mexico, India and Oman, which together accounted for a further 27%.
In value terms, China remains the largest gouges and chisels supplier from Puerto Rico, comprising 46% of global exports. The second position in the ranking was occupied by the UK, with an 8.3% share of global exports. It was followed by India, with a 6.5% share.
The export price in Puerto Rico stood at less than $0.1 per ton in 2021, approximately mirroring the previous year.
In 2021, the import price in Puerto Rico amounted to less than $0.1 per ton, approximately equating the previous year.

This report provides an in-depth analysis of the gouges and chisels 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 25733057 - Planes, chisels, gouges and similar cutting tools for working wood

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 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 Edition PRO

  3. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption In 2012-2024
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country Of Origin, 2012–2024
    8. Exports, In Physical Terms, By Country, 2012–2024
    9. Exports, In Value Terms, By Country, 2012–2024
    10. Export Prices, By Country Of Destination, 2012–2024

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
    5. Trade Balance, In Physical Terms, 2012-2024
    6. Trade Balance, In Value Terms, 2012-2024
    7. Per Capita Consumption, 2012-2024
    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, 2012–2024
    22. Production, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, 2012–2024
    24. Imports, In Value Terms, 2012–2024
    25. Imports, In Physical Terms, By Country, 2024
    26. Imports, In Physical Terms, By Country, 2012–2024
    27. Imports, In Value Terms, By Country, 2012–2024
    28. Import Prices, By Country Of Origin, 2012–2024
    29. Exports, In Physical Terms, 2012–2024
    30. Exports, In Value Terms, 2012–2024
    31. Exports, In Physical Terms, By Country, 2024
    32. Exports, In Physical Terms, By Country, 2012–2024
    33. Exports, In Value Terms, By Country, 2012–2024
    34. Export Prices, By Country Of Destination, 2012–2024

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