Puerto Rico: Market for Prefabricated Buildings Of Plastics, Concrete Or Aluminium 2024

Market Size for Prefabricated Buildings Of Plastics, Concrete Or Aluminium in Puerto Rico

The Puerto Rican market for prefabricated buildings of plastics, concrete or aluminium expanded significantly to $X in 2021, growing by 15% against the previous year. In general, the total consumption indicated a perceptible expansion from 2012 to 2021: its value increased at an average annual rate of +2.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -11.4% against 2019 indices. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market failed to regain momentum.

Production of Prefabricated Buildings Of Plastics, Concrete Or Aluminium in Puerto Rico

In value terms, production of prefabricated buildings of plastics, concrete or aluminium surged to $X in 2021 estimated in export price. Over the period under review, the total production indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +2.2% 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 -12.7% against 2019 indices. The pace of growth appeared the most rapid in 2019 with an increase of 31% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2021, production of growth remained at a somewhat lower figure.

Exports of Prefabricated Buildings Of Plastics, Concrete Or Aluminium

Exports from Puerto Rico

In 2021, approx. less than X kg of prefabricated buildings of plastics, concrete or aluminium were exported from Puerto Rico; leveling off at 2020 figures. Overall, exports continue to indicate a relatively flat trend pattern.

In value terms, exports of prefabricated buildings of plastics, concrete or aluminium stood at less than $X in 2021. Over the period under review, exports recorded a relatively flat trend pattern.

Exports by Country

China represented the largest exporting country with an export of around X tons, which accounted for 24% of total exports. Estonia (X tons) held the second position in the ranking, followed by the Czech Republic (X tons). All these countries together took near 12% share of total exports. The following exporters - Croatia (X tons), the Netherlands (X tons), Germany (X tons), Lithuania (X tons), Poland (X tons), Belgium (X tons), Turkey (X tons), Slovenia (X tons), Canada (X tons) and Italy (X tons) - together made up 33% of total exports.

From 2012 to 2021, average annual rates of growth with regard to prefabricated buildings of plastics, concrete or aluminium exports from China stood at +2.9%. At the same time, Croatia (+33.5%), Poland (+9.4%), Lithuania (+9.3%), Estonia (+8.0%), Italy (+5.4%), the Czech Republic (+5.0%), Slovenia (+4.7%), Belgium (+3.6%), the Netherlands (+3.2%) and Canada (+1.6%) displayed positive paces of growth. Moreover, Croatia emerged as the fastest-growing exporter exported in the world, with a CAGR of +33.5% from 2012-2021. By contrast, Turkey (-1.6%) and Germany (-3.4%) illustrated a downward trend over the same period. Croatia (+4 p.p.), Estonia (+2.8 p.p.), Lithuania (+1.9 p.p.), Poland (+1.7 p.p.) and China (+1.5 p.p.) significantly strengthened its position in terms of the global exports, while Germany saw its share reduced by -2.7% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest prefabricated buildings of plastics, concrete or aluminium supplier from Puerto Rico, comprising 18% of global exports. The second position in the ranking was held by the Netherlands ($X), with a 7% share of global exports. It was followed by Estonia, with a 5.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value in China totaled +2.8%. In the other countries, the average annual rates were as follows: the Netherlands (+7.9% per year) and Estonia (+10.4% per year).

Export Prices by Country

In 2021, the export price in Puerto Rico amounted to less than $X per ton, stabilizing at the previous year. Overall, the export price recorded a relatively flat trend pattern.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Italy ($X per ton), while Croatia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.6%), while the other leaders experienced more modest paces of growth.

Imports of Prefabricated Buildings Of Plastics, Concrete Or Aluminium

Imports into Puerto Rico

In 2021, the amount of prefabricated buildings of plastics, concrete or aluminium imported into Puerto Rico stood at less than X kg, approximately equating 2020 figures. Overall, imports continue to indicate a relatively flat trend pattern.

In value terms, imports of prefabricated buildings of plastics, concrete or aluminium stood at less than $X in 2021. Over the period under review, imports saw a relatively flat trend pattern.

Imports by Country

In 2021, Pakistan (X tons) represented the key importer of prefabricated buildings of plastics, concrete or aluminium, mixing up 29% of total imports. Germany (X tons) took the second position in the ranking, followed by Indonesia (X tons). All these countries together took approx. 15% share of total imports. France (X tons), Norway (X tons), Sweden (X tons), the Netherlands (X tons), the UK (X tons), Canada (X tons), Switzerland (X tons), Ireland (X tons) and Saudi Arabia (X tons) took a minor share of total imports.

Pakistan was also the fastest-growing in terms of the prefabricated buildings of plastics, concrete or aluminium imports, with a CAGR of +69.0% from 2012 to 2021. At the same time, Ireland (+41.0%), Indonesia (+32.3%), Sweden (+23.3%), the Netherlands (+14.5%), the UK (+10.0%), Germany (+7.0%) and France (+1.1%) displayed positive paces of growth. Norway experienced a relatively flat trend pattern. By contrast, Switzerland (-4.7%), Canada (-7.1%) and Saudi Arabia (-10.7%) illustrated a downward trend over the same period. Pakistan (+29 p.p.), Indonesia (+5.8 p.p.), Sweden (+2.1 p.p.) and Ireland (+1.6 p.p.) significantly strengthened its position in terms of the global imports, while France, Norway, Switzerland, Saudi Arabia and Canada saw its share reduced by -1.9%, -2.2%, -3%, -3.3% and -5.3% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) constitutes the largest market for imported prefabricated buildings of plastics, concrete or aluminium into Puerto Rico, comprising 11% of global imports. The second position in the ranking was held by Norway ($X), with a 4.7% share of global imports. It was followed by the Netherlands, with a 4.4% share.

From 2012 to 2021, the average annual growth rate of value in Germany stood at +9.3%. In the other countries, the average annual rates were as follows: Norway (+0.8% per year) and the Netherlands (+20.3% per year).

Import Prices by Country

The import price in Puerto Rico stood at less than $X per ton in 2021, remaining stable against the previous year. Over the period under review, the import price saw a relatively flat trend pattern.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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