Report Update Nov 1, 2024

Puerto Rico - Plastic Reservoirs, Tanks and Vats - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Plastic Reservoir Market 2024

Plastic Reservoir Market Size in Puerto Rico

The Puerto Rican plastic reservoir market rose sharply to $X in 2021, increasing by 12% against the previous year. Overall, consumption, however, showed a noticeable contraction. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Plastic Reservoir Production in Puerto Rico

In value terms, plastic reservoir production rose rapidly to $X in 2021 estimated in export price. Overall, production, however, showed a perceptible setback. The most prominent rate of growth was recorded in 2018 with an increase of 101%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Plastic Reservoir Exports

Exports by Country

Germany was the major exporter of plastic reservoirs, tanks and vats in the world, with the volume of exports recording X tons, which was near 30% of total exports in 2021. The Netherlands (X tons) took the second position in the ranking, followed by France (X tons), Malaysia (X tons), Italy (X tons) and the United States (X tons). All these countries together took near 27% share of total exports. Poland (X tons), China (X tons), Norway (X tons), Austria (X tons), Spain (X tons), South Korea (X tons) and Canada (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to plastic reservoir exports from Germany stood at +6.9%. At the same time, Norway (+34.3%), Poland (+21.8%), the Netherlands (+17.5%), Canada (+7.5%), Italy (+6.6%), Spain (+6.2%), Malaysia (+4.9%), China (+4.6%), South Korea (+1.8%) and Austria (+1.5%) displayed positive paces of growth. Moreover, Norway emerged as the fastest-growing exporter exported in the world, with a CAGR of +34.3% from 2012-2021. By contrast, France (-2.3%) and the United States (-23.9%) illustrated a downward trend over the same period. While the share of the Netherlands (+6 p.p.), Germany (+5.7 p.p.), Poland (+3.2 p.p.) and Norway (+3 p.p.) increased significantly in terms of the global exports from 2012-2021, the share of the United States (-6 p.p.) and France (-6.8 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest plastic reservoir supplier from Puerto Rico, comprising 24% of global exports. The second position in the ranking was taken by the Netherlands ($X), with a 7.6% share of global exports. It was followed by France, with a 6% share.

In Germany, plastic reservoir exports expanded at an average annual rate of +5.7% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: the Netherlands (+13.7% per year) and France (-0.3% per year).

Plastic Reservoir Imports

Imports by Country

In 2021, Belgium (X tons), distantly followed by the Netherlands (X tons), Germany (X tons), France (X tons) and Sweden (X tons) represented the key importers of plastic reservoirs, tanks and vats, together constituting 40% of total imports. The following importers - Canada (X tons), the United States (X tons), the UK (X tons), Saudi Arabia (X tons), Austria (X tons), Switzerland (X tons), the Czech Republic (X tons) and Spain (X tons) - together made up 25% of total imports.

Belgium was also the fastest-growing in terms of the plastic reservoirs, tanks and vats imports, with a CAGR of +18.7% from 2012 to 2021. At the same time, the Netherlands (+18.1%), the UK (+18.1%), the United States (+11.2%), Spain (+10.4%), Switzerland (+10.4%), the Czech Republic (+8.1%), Sweden (+6.7%), Saudi Arabia (+6.7%), Germany (+4.2%), Austria (+1.9%) and France (+1.8%) displayed positive paces of growth. By contrast, Canada (-1.5%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Belgium, the Netherlands and the UK increased by +9.8, +4.3 and +2.1 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest plastic reservoir importing markets into Puerto Rico were Belgium ($X), Germany ($X) and the Netherlands ($X), with a combined 23% share of total imports.

The Netherlands, with a CAGR of +17.3%, recorded 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.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for plastic reservoirs, tanks and vats in the world?

China constituted the country with the largest volume of plastic reservoir consumption, accounting for 20% of total volume. Moreover, plastic reservoir consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by India, with an 8.1% share.

What are the largest producers of plastic reservoirs, tanks and vats in the world?

China remains the largest plastic reservoir producing country worldwide, comprising approx. 20% of total volume. Moreover, plastic reservoir production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. India ranked third in terms of total production with an 8% share.

What are the leading suppliers of plastic reservoirs, tanks and vats to Puerto Rico?

In value terms, Belgium, Germany and the Netherlands appeared to be the countries with the highest levels of imports in 2021, with a combined 24% share of total imports.

What are the leading importers of plastic reservoirs, tanks and vats from Puerto Rico?

In value terms, Germany remains the largest plastic reservoir supplier from Puerto Rico, comprising 25% of global exports. The second position in the ranking was occupied by the Netherlands, with a 7.8% share of global exports. It was followed by France, with a 6.2% share.

What is the average export price for plastic reservoirs, tanks and vats in Puerto Rico?

In 2021, the export price in Puerto Rico amounted to less than $0.1 per ton, therefore, remained relatively stable against the previous year.

What is the average import price for plastic reservoirs, tanks and vats in Puerto Rico?

In 2021, the import price in Puerto Rico amounted to less than $0.1 per ton, approximately reflecting the previous year.

This report provides an in-depth analysis of the plastic reservoir 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 22231300 - Plastic reservoirs, tanks, vats, intermediate bulk and similar containers, of a capacity > .300 litres

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