Report Update Nov 1, 2024

Puerto Rico - Plastic Hoses and Hose Fittings - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Market for Plastic Hoses and Hose Fittings 2024

Market Size for Plastic Hoses and Hose Fittings in Puerto Rico

The Puerto Rican market for plastic hoses and hose fittings rose markedly to $X in 2021, growing by 10% against the previous year. Overall, the total consumption indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of +3.5% 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 -8.6% against 2019 indices. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Production of Plastic Hoses and Hose Fittings in Puerto Rico

In value terms, plastic hose and hose fitting production expanded remarkably to $X in 2021 estimated in export price. Overall, the total production indicated a measured expansion from 2012 to 2021: its value increased at an average annual rate of +3.1% 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 -9.1% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by 34%. Puerto Rico production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Exports of Plastic Hoses and Hose Fittings

Exports by Country

In 2021, China (X tons), distantly followed by Germany (X tons), Italy (X tons), the United States (X tons) and Turkey (X tons) were the largest exporters of plastic hoses and hose fittings, together mixing up 55% of total exports. Mexico (X tons), Spain (X tons), Poland (X tons), France (X tons), Canada (X tons), the Netherlands (X tons), South Korea (X tons) and Taiwan (Chinese) (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to plastic hose and hose fitting exports from China stood at +8.6%. At the same time, Poland (+13.2%), Spain (+10.2%), Taiwan (Chinese) (+7.0%), Italy (+6.5%), Mexico (+5.9%), Germany (+4.0%), France (+3.6%), Turkey (+3.2%), Canada (+1.8%) and South Korea (+1.6%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter exported in the world, with a CAGR of +13.2% from 2012-2021. The United States experienced a relatively flat trend pattern. By contrast, the Netherlands (-3.6%) illustrated a downward trend over the same period. From 2012 to 2021, the share of China and Italy increased by +7 and +1.7 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest plastic hose and hose fitting supplying countries from Puerto Rico were Germany ($X), China ($X) and the United States ($X), together accounting for 43% of total exports. These countries were followed by Italy, Poland, Mexico, France, the Netherlands, Spain, Turkey, Canada, South Korea and Taiwan (Chinese), which together accounted for a further 27%.

In terms of the main exporting countries, Poland, with a CAGR of +16.1%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Imports of Plastic Hoses and Hose Fittings

Imports by Country

In 2021, the United States (X tons), followed by Germany (X tons) and Mexico (X tons) were the key importers of plastic hoses and hose fittings, together generating 24% of total imports. France (X tons), Belgium (X tons), the Netherlands (X tons), Russia (X tons), Canada (X tons), Poland (X tons), Austria (X tons), Spain (X tons), China (X tons) and Italy (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Belgium (with a CAGR of +10.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest plastic hose and hose fitting importing markets into Puerto Rico were the United States ($X), Germany ($X) and Mexico ($X), together comprising 25% of total imports. China, France, the Netherlands, Poland, Russia, Belgium, Canada, Austria, Italy and Spain lagged somewhat behind, together accounting for a further 30%.

In terms of the main importing countries, the Netherlands, with a CAGR of +12.8%, recorded the highest rates of growth with regard to 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 plastic hoses and hose fittings in the world?

The country with the largest volume of plastic hose and hose fitting consumption was China, comprising approx. 24% of total volume. Moreover, plastic hose and hose fitting consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The third position in this ranking was occupied by the United States, with a 6.2% share.

What are the largest producers of plastic hoses and hose fittings in the world?

The country with the largest volume of plastic hose and hose fitting production was China, accounting for 29% of total volume. Moreover, plastic hose and hose fitting production in China exceeded the figures recorded by the second-largest producer, India, threefold. Germany ranked third in terms of total production with a 7% share.

What are the leading suppliers of plastic hoses and hose fittings to Puerto Rico?

In value terms, the United States, Germany and Mexico appeared to be the countries with the highest levels of imports in 2020, together comprising 25% of total imports. These countries were followed by China, France, the Netherlands, Poland, Belgium, Russia, Canada, the UK, Austria and Spain, which together accounted for a further 30%.

What are the leading importers of plastic hoses and hose fittings from Puerto Rico?

In value terms, the largest plastic hose and hose fitting supplying countries from Puerto Rico were Germany, China and the United States, together comprising 44% of total exports.

What is the average export price for plastic hoses and hose fittings in Puerto Rico?

In 2020, the export price for plastic hoses and hose fittings in Puerto Rico amounted to $less than 0.1 per ton, approximately equating the previous year.

What is the average import price for plastic hoses and hose fittings in Puerto Rico?

The import price for plastic hoses and hose fittings in Puerto Rico stood at $less than 0.1 per ton in 2020, stabilizing at the previous year.

This report provides an in-depth analysis of the market for plastic hose and hose fitting 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 22212920 - Flexible tubes, pipes and hoses of plastics, with a burst pressure . .27,6 MPa
Prodcom 22212935 - Flexible tubes, pipes and hoses of plastics, not reinforced or otherwise combined with other materials, without fittings
Prodcom 22212937 - Flexible tubes, pipes and hoses of plastics, not reinforced or otherwise combined with other materials, with fittings, seals or connectors
Prodcom 22212950 - Plastic tubes, pipes and hoses (excluding artificial guts, s ausage skins, rigid, flexible tubes and pipes having a minimum burst pressure of .27,6 MPa)

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