Report Update Feb 1, 2025

Puerto Rico - Radio Receivers - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Radio Receiver Market 2025

Radio Receiver Market Size in Puerto Rico

The Puerto Rican radio receiver market contracted to $X in 2021, shrinking by -5.7% against the previous year. Overall, consumption showed a noticeable setback. Puerto Rico consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Radio Receiver Production in Puerto Rico

In value terms, radio receiver production dropped to $X in 2021 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by 34% against the previous year. Puerto Rico production peaked at $X in 2020, and then declined in the following year.

Radio Receiver Exports

Exports by Country

China prevails in exports structure, reaching X units, which was approx. 71% of total exports in 2021. The following exporters - Thailand (X units), the Netherlands (X units), Germany (X units), Mexico (X units), Malaysia (X units), Hong Kong SAR (X units), Portugal (X units), Belgium (X units), Israel (X units) and Panama (X units) - together made up 18% of total exports.

China experienced a relatively flat trend pattern with regard to volume of exports of radio receivers. At the same time, the Netherlands (+16.6%) and Germany (+8.5%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in the world, with a CAGR of +16.6% from 2012-2021. Mexico experienced a relatively flat trend pattern. By contrast, Belgium (-4.3%), Malaysia (-10.1%), Hong Kong SAR (-21.2%), Portugal (-22.7%), Thailand (-24.6%), Israel (-34.7%) and Panama (-42.0%) illustrated a downward trend over the same period. While the share of China (+23 p.p.), the Netherlands (+3.2 p.p.), Germany (+2.5 p.p.), Portugal (+1.5 p.p.) and Belgium (+1.5 p.p.) increased significantly in terms of the global exports from 2012-2021, the share of Panama (-2.1 p.p.), Israel (-2.9 p.p.), Hong Kong SAR (-7 p.p.) and Thailand (-22.9 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest radio receiver supplier from Puerto Rico, comprising 36% of global exports. The second position in the ranking was taken by Mexico ($X), with a 13% share of global exports. It was followed by Portugal, with a 6.1% share.

From 2012 to 2021, the average annual growth rate of value in China amounted to -1.4%. The remaining exporting countries recorded the following average annual rates of exports growth: Mexico (+3.5% per year) and Portugal (+7.9% per year).

Radio Receiver Imports

Imports by Country

In 2021, the United States (X units), distantly followed by Germany (X units) and Burkina Faso (X units) represented the main importers of radio receivers, together comprising 32% of total imports. The Netherlands (X units), Mexico (X units), France (X units), Hong Kong SAR (X units), Belgium (X units), Brazil (X units), Poland (X units), Japan (X units), the Philippines (X units) and Russia (X units) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to radio receiver imports into the United States stood at -5.1%. At the same time, Burkina Faso (+50.2%), the Philippines (+35.8%) and France (+7.5%) displayed positive paces of growth. Moreover, Burkina Faso emerged as the fastest-growing importer imported in the world, with a CAGR of +50.2% from 2012-2021. Brazil, the Netherlands and Mexico experienced a relatively flat trend pattern. By contrast, Russia (-4.0%), Poland (-10.8%), Japan (-12.0%), Germany (-14.6%), Hong Kong SAR (-22.4%) and Belgium (-47.1%) illustrated a downward trend over the same period. Germany (+7.5 p.p.), Burkina Faso (+6.6 p.p.), the Netherlands (+3.8 p.p.), France (+3.2 p.p.), Belgium (+2.9 p.p.), Poland (+2.6 p.p.) and the Philippines (+2.3 p.p.) significantly strengthened its position in terms of the global imports, while Japan and Hong Kong SAR saw its share reduced by -2.6% and -15.1% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported radio receivers into Puerto Rico, comprising 34% of global imports. The second position in the ranking was taken by Germany ($X), with a 6% share of global imports. It was followed by Japan, with a 4.7% share.

In the United States, radio receiver imports contracted by an average annual rate of -5.1% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Germany (-10.5% per year) and Japan (-9.2% per year).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for radio receivers in the world?

The country with the largest volume of radio receiver consumption was China, comprising approx. 49% of total volume. Moreover, radio receiver consumption in China exceeded the figures recorded by the second-largest consumer, the United States, sixfold. The third position in this ranking was occupied by South Africa, with a 6.8% share.

What are the largest producers of radio receivers in the world?

The country with the largest volume of radio receiver production was China, accounting for 80% of total volume. It was followed by Indonesia, with a 2.5% share of total production.

What are the leading suppliers of radio receivers to Puerto Rico?

In value terms, the United States constitutes the largest market for imported radio receivers into Puerto Rico, comprising 34% of global imports. The second position in the ranking was occupied by Germany, with a 5.9% share of global imports. It was followed by Japan, with a 4.7% share.

What are the leading importers of radio receivers from Puerto Rico?

In value terms, the largest radio receiver supplying countries from Puerto Rico were China, Mexico and Portugal, with a combined 48% share of total exports. These countries were followed by Malaysia, Thailand, Hungary, Germany, the Netherlands, Hong Kong SAR and South Africa, which together accounted for a further 23%.

What is the average export price for radio receivers in Puerto Rico?

The export price in Puerto Rico stood at less than $0.1 per thousand units in 2021, flattening at the previous year.

What is the average import price for radio receivers in Puerto Rico?

The import price in Puerto Rico stood at less than $0.1 per thousand units in 2021, remaining stable against the previous year.

This report provides an in-depth analysis of the radio receiver 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 26401100 - Radio broadcast receivers (except for cars), capable of operating without an external source of power
Prodcom 26401270 - Radio receivers for motor vehicles with sound recording or reproducing apparatus
Prodcom 26401290 - Radio receivers for motor vehicles, n.e.c.

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024