Report Update Nov 1, 2024

Puerto Rico - Polishes and Creams for Wooden Furniture and Floors - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Wooden Furniture Treatments Market 2024

Wooden Furniture Treatments Market Size in Puerto Rico

In 2021, the Puerto Rican wooden furniture treatments market was finally on the rise to reach $X after four years of decline. In general, consumption, however, showed a abrupt downturn. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market failed to regain momentum.

Wooden Furniture Treatments Production in Puerto Rico

In value terms, wooden furniture treatments production expanded rapidly to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a abrupt descent. The growth pace was the most rapid in 2016 when the production volume increased by 51% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2021, production growth failed to regain momentum.

Wooden Furniture Treatments Exports

Exports by Country

In 2021, the Netherlands (X tons), distantly followed by Italy (X tons), the United States (X tons) and Portugal (X tons) represented the main exporters of polishes and creams for wooden furniture and floors, together mixing up 58% of total exports. The following exporters - China (X tons), Germany (X tons), South Africa (X tons), Hungary (X tons), Saudi Arabia (X tons), Turkey (X tons), the UK (X tons), Denmark (X tons) and the Czech Republic (X tons) - together made up 24% of total exports.

From 2012 to 2021, the biggest increases were in Portugal (with a CAGR of +50.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) remains the largest wooden furniture treatments supplier from Puerto Rico, comprising 30% of global exports. The second position in the ranking was held by the Netherlands ($X), with a 14% share of global exports. It was followed by the United States, with a 6.7% share.

In Italy, wooden furniture treatments exports expanded at an average annual rate of +20.9% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: the Netherlands (-4.3% per year) and the United States (-0.7% per year).

Wooden Furniture Treatments Imports

Imports by Country

In 2021, France (X tons), followed by Poland (X tons), the UK (X tons), Italy (X tons), Spain (X tons) and Germany (X tons) represented the major importers of polishes and creams for wooden furniture and floors, together constituting 43% of total imports. Romania (X tons), Belgium (X tons), Canada (X tons), Portugal (X tons), the United States (X tons), Zambia (X tons) and China (X tons) took a little share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by France (with a CAGR of +4.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest wooden furniture treatments importing markets into Puerto Rico were Poland ($X), China ($X) and Germany ($X), together comprising 20% of total imports.

Poland, with a CAGR of +5.4%, saw the highest growth rate of 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) :

What are the largest markets for polishes and creams for wooden furniture and floors in the world?

The country with the largest volume of wooden furniture treatments consumption was China, accounting for 26% of total volume. Moreover, wooden furniture treatments 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 7.8% share.

What are the largest producers of polishes and creams for wooden furniture and floors in the world?

China constituted the country with the largest volume of wooden furniture treatments production, accounting for 26% of total volume. Moreover, wooden furniture treatments production in China exceeded the figures recorded by the second-largest producer, India, threefold. The United States ranked third in terms of total production with an 8.3% share.

What are the leading suppliers of polishes and creams for wooden furniture and floors to Puerto Rico?

In value terms, the largest wooden furniture treatments importing markets into Puerto Rico were Poland, Germany and China, together accounting for 20% of total imports.

What are the leading importers of polishes and creams for wooden furniture and floors from Puerto Rico?

In value terms, Italy remains the largest wooden furniture treatments supplier from Puerto Rico, comprising 26% of global exports. The second position in the ranking was occupied by the Netherlands, with an 11% share of global exports. It was followed by the United States, with a 7.7% share.

What is the average export price for polishes and creams for wooden furniture and floors in Puerto Rico?

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

What is the average import price for polishes and creams for wooden furniture and floors in Puerto Rico?

In 2021, the import price in Puerto Rico amounted to less than $0.1 per ton, remaining relatively unchanged against the previous year.

This report provides an in-depth analysis of the wooden furniture 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 20414350 - Polishes, creams and similar preparations, for the maintenance of wooden furniture, floors or other woodwork (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