Puerto Rico: Market for Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone 2024

Market Size for Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone in Puerto Rico

The Puerto Rican cement prefabricated structural components market reached $X in 2021, standing approx. at the previous year. Over the period under review, the total consumption indicated slight growth from 2012 to 2021: its value increased at an average annual rate of +1.7% 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 -0.7% against 2019 indices. Puerto Rico consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Production of Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone in Puerto Rico

In value terms, cement prefabricated structural components production expanded modestly to $X in 2021 estimated in export price. Over the period under review, production, however, saw a mild expansion. The growth pace was the most rapid in 2015 when the production volume increased by 47% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Exports of Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone

Exports from Puerto Rico

In 2021, the amount of prefabricated structural components of cement, concrete or artificial stone exported from Puerto Rico stood at less than X kg, remaining constant against 2020 figures. Over the period under review, exports showed a relatively flat trend pattern.

In value terms, cement prefabricated structural components exports amounted to less than $X in 2021. Overall, exports saw a relatively flat trend pattern.

Exports by Country

China (X tons) and Malaysia (X tons) represented roughly 40% of total exports in 2021. Germany (X tons) ranks next in terms of the total exports with an 11% share, followed by Belgium (8.6%) and the Czech Republic (4.6%). The Netherlands (X tons), Poland (X tons), Latvia (X tons), Ireland (X tons), Hungary (X tons), Spain (X tons), Slovakia (X tons) and Bosnia and Herzegovina (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Latvia (with a CAGR of +26.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest cement prefabricated structural components supplying countries from Puerto Rico were Germany ($X), China ($X) and Malaysia ($X), together accounting for 40% of total exports. These countries were followed by Belgium, Poland, the Czech Republic, the Netherlands, Ireland, Latvia, Spain, Slovakia, Bosnia and Herzegovina and Hungary, which together accounted for a further 37%.

Among the main exporting countries, Latvia, with a CAGR of +22.7%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in Puerto Rico amounted to less than $X per ton, therefore, remained relatively stable against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Poland ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

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

Imports of Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone

Imports into Puerto Rico

Cement prefabricated structural components imports into Puerto Rico amounted to less than X kg in 2021, almost unchanged from 2020 figures. In general, imports saw a relatively flat trend pattern.

In value terms, cement prefabricated structural components imports totaled less than $X in 2021. Overall, imports saw a relatively flat trend pattern.

Imports by Country

In 2021, Singapore (X tons), distantly followed by Germany (X tons), Indonesia (X tons), the Netherlands (X tons), Sweden (X tons), Hong Kong SAR (X tons) and Austria (X tons) were the largest importers of prefabricated structural components of cement, concrete or artificial stone, together committing 69% of total imports. The following importers - France (X tons), Switzerland (X tons), the United States (X tons), the UK (X tons), Denmark (X tons) and Norway (X tons) - together made up 15% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Indonesia (with a CAGR of +32.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X), the Netherlands ($X) and Germany ($X) constituted the countries with the highest levels of imports in 2021, together comprising 31% of total imports. These countries were followed by Sweden, Hong Kong SAR, Austria, Switzerland, France, Indonesia, the UK, Denmark, Norway and the United States, which together accounted for a further 47%.

Indonesia, with a CAGR of +27.9%, saw 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.

Import Prices by Country

The import price in Puerto Rico stood at less than $X per ton in 2021, remaining relatively unchanged against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the UK ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+6.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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