Puerto Rico - Positive Displacement Pumps and Hand Pumps - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPuerto Rico: Positive Displacement Pump Market 2024
Positive Displacement Pump Market Size in Puerto Rico
The Puerto Rican positive displacement pump market rose markedly to $X in 2021, picking up by 12% against the previous year. Overall, consumption saw significant growth. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.
Positive Displacement Pump Production in Puerto Rico
In value terms, positive displacement pump production rose sharply to $X in 2021 estimated in export price. In general, production recorded significant growth. The most prominent rate of growth was recorded in 2016 when the production volume increased by 182% against the previous year. Puerto Rico production peaked at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.
Positive Displacement Pump Exports
Exports by Country
China was the largest exporting country with an export of about X units, which accounted for 81% of total exports. It was distantly followed by Mexico (X units), mixing up an 11% share of total exports. The following exporters - Germany (X units) and Thailand (X units) - each finished at a 3.6% share of total exports.
Exports from China increased at an average annual rate of +16.2% from 2012 to 2021. At the same time, Thailand (+22.8%) and Germany (+3.3%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in the world, with a CAGR of +22.8% from 2012-2021. Mexico experienced a relatively flat trend pattern. While the share of China (+21 p.p.) increased significantly in terms of the global exports from 2012-2021, the share of Germany (-2 p.p.) and Mexico (-18.6 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, China ($X) remains the largest positive displacement pump supplier from Puerto Rico, comprising 44% of global exports. The second position in the ranking was taken by Germany ($X), with a 7.7% share of global exports. It was followed by Mexico, with a 5% share.
From 2012 to 2021, the average annual growth rate of value in China totaled +16.7%. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (+5.5% per year) and Mexico (-0.5% per year).
Positive Displacement Pump Imports
Imports by Country
The United States represented the major importer of positive displacement pumps and hand pumps in the world, with the volume of imports finishing at X units, which was near 38% of total imports in 2021. Thailand (X units) took an 8.5% share (based on physical terms) of total imports, which put it in second place, followed by the UK (5%). Canada (X units), Mexico (X units), Germany (X units), Turkey (X units), Colombia (X units), Japan (X units), Indonesia (X units), South Korea (X units), China (X units) and Hungary (X units) followed a long way behind the leaders.
The United States was also the fastest-growing in terms of the positive displacement pumps and hand pumps imports, with a CAGR of +40.4% from 2012 to 2021. At the same time, South Korea (+39.9%), Hungary (+39.6%), Colombia (+29.8%), Thailand (+21.5%), Mexico (+14.7%), Indonesia (+12.7%), Canada (+12.5%), China (+12.5%), Germany (+6.8%), the UK (+6.7%), Turkey (+5.6%) and Japan (+3.6%) displayed positive paces of growth. While the share of the United States (+32 p.p.), Thailand (+3.2 p.p.), South Korea (+1.8 p.p.) and Colombia (+1.7 p.p.) increased significantly in terms of the global imports from 2012-2021, the share of Germany (-3.4 p.p.), Turkey (-3.6 p.p.), Japan (-3.9 p.p.) and the UK (-5.1 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the United States ($X) constitutes the largest market for imported positive displacement pumps and hand pumps into Puerto Rico, comprising 24% of global imports. The second position in the ranking was held by Germany ($X), with a 6.6% share of global imports. It was followed by Japan, with a 5.3% share.
In the United States, positive displacement pump imports expanded at an average annual rate of +16.6% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Germany (+6.7% per year) and Japan (+5.3% per year).
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the positive displacement pump 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 28131145 - Positive displacement pumps, hand pumps
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:
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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