Report Update Nov 1, 2024

Puerto Rico - Polishes and Creams for Footwear or Leather - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Footwear Treatments Market 2024

Footwear Treatments Market Size in Puerto Rico

In 2021, the Puerto Rican footwear treatments market was finally on the rise to reach $X after three years of decline. Over the period under review, consumption, however, continues to indicate a pronounced curtailment. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Footwear Treatments Production in Puerto Rico

In value terms, footwear treatments production totaled $X in 2021 estimated in export price. Over the period under review, production, however, showed a noticeable reduction. The most prominent rate of growth was recorded in 2017 with an increase of 48% against the previous year. Puerto Rico production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Footwear Treatments Exports

Exports by Country

In 2021, China (X tons) and Turkey (X tons) were the largest exporters of polishes and creams for footwear or leatheraround the world, together making up 37% of total exports. The United States (X tons) ranks next in terms of the total exports with a 9% share, followed by Germany (6%) and South Africa (4.5%). The following exporters - Poland (X tons), Italy (X tons), Spain (X tons), Kenya (X tons), Austria (X tons), Mexico (X tons), the UK (X tons) and France (X tons) - together made up 23% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by the United States (with a CAGR of +9.2%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), China ($X) and Turkey ($X) constituted the countries with the highest levels of exports in 2021, together accounting for 30% of total exports. These countries were followed by the United States, Poland, France, Italy, Spain, Austria, the UK, Mexico, South Africa and Kenya, which together accounted for a further 45%.

Among the main exporting countries, Mexico, with a CAGR of +15.3%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Footwear Treatments Imports

Imports by Country

Germany (X tons), Russia (X tons), Nigeria (X tons), China (X tons), Poland (X tons), the Netherlands (X tons), the United States (X tons), Ghana (X tons), Tanzania (X tons), Belgium (X tons), France (X tons) and Mexico (X tons) represented roughly 39% of total imports in 2021. The United Arab Emirates (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 leading importing countries, was attained by Tanzania (with a CAGR of +14.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Russia ($X) and the Netherlands ($X) were the countries with the highest levels of imports in 2021, with a combined 17% share of total imports. These countries were followed by Mexico, the United States, China, Poland, France, Belgium, Ghana, Tanzania, the United Arab Emirates and Nigeria, which together accounted for a further 26%.

Tanzania, with a CAGR of +14.5%, recorded the highest growth rate of 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 polishes and creams for footwear or leather in the world?

China constituted the country with the largest volume of footwear treatments consumption, comprising approx. 27% of total volume. Moreover, footwear treatments consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with an 8.6% share.

What are the largest producers of polishes and creams for footwear or leather in the world?

The country with the largest volume of footwear treatments production was China, comprising approx. 32% of total volume. Moreover, footwear treatments 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 8.2% share.

What are the leading suppliers of polishes and creams for footwear or leather to Puerto Rico?

In value terms, the largest footwear treatments importing markets into Puerto Rico were Germany, Russia and the Netherlands, with a combined 17% share of total imports. Mexico, the United States, China, Poland, Belgium, France, Japan, Nigeria, Ghana and Iraq lagged somewhat behind, together comprising a further 27%.

What are the leading importers of polishes and creams for footwear or leather from Puerto Rico?

In value terms, China, Germany and Turkey were the countries with the highest levels of exports in 2021, together comprising 32% of total exports. These countries were followed by the United States, Poland, the Netherlands, France, Italy, Spain, Austria, the UK, Mexico and Kenya, which together accounted for a further 47%.

What is the average export price for polishes and creams for footwear or leather in Puerto Rico?

The export price in Puerto Rico stood at less than $0.1 per ton in 2021, remaining relatively unchanged against the previous year.

What is the average import price for polishes and creams for footwear or leather in Puerto Rico?

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

This report provides an in-depth analysis of the footwear treatments 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 20414330 - Polishes, creams and similar preparations, for footwear or leather (excluding artificial and prepared waxes)

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