Puerto Rico: Railway Maintenance Vehicle Market 2025

Railway Maintenance Vehicle Market Size in Puerto Rico

The Puerto Rican railway maintenance vehicle market totaled less than $X in 2021, stabilizing at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a relatively flat trend pattern.

Railway Maintenance Vehicle Exports

Exports from Puerto Rico

In 2021, railway maintenance vehicle exports from Puerto Rico amounted to less than X units, standing approx. at the previous year's figure. Over the period under review, exports saw a relatively flat trend pattern.

In value terms, railway maintenance vehicle exports totaled less than $X in 2021. In general, exports continue to indicate a relatively flat trend pattern.

Exports by Country

The UK (X units) represented the key exporters of railway or tramway maintenance or service vehicles in 2021, finishing at near 82% and 0% of total exports, respectively. The United States (X units) held the next position in the ranking, distantly followed by Austria (X units). All these countries together took near 13% share of total exports. The following exporters - the Netherlands (X units) and South Korea (X units) - each accounted for a 0.4% share of total exports.

From 2012 to 2021, railway maintenance vehicle exports from expanded with a the UK of +11.4%, while Qatar (0.0%) experienced a relatively flat trend pattern unchanged over the same period. At the same time, the United States (+13.5%) displayed positive paces of growth. Moreover, the United States emerged as the fastest-growing exporter exported in the world, with a CAGR of +13.5% from 2012-2021. By contrast, South Korea (-17.9%), Austria (-35.9%) and the Netherlands (-52.5%) illustrated a downward trend over the same period. The UK (+32 p.p.) and the United States (+6.4 p.p.) significantly strengthened its position in terms of the global exports, while South Korea, Austria and the Netherlands saw its share reduced by -3%, -12.1% and -21.6% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Austria ($X), the United States ($X) and the UK ($X) appeared to be the countries with the highest levels of exports in 2021, with a combined 35% share of total exports.

Among the main exporting countries, the UK, 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 mixed trends in the exports figures.

Export Prices by Country

The export price in Puerto Rico stood at less than $X per thousand units in 2021, remaining stable against the previous year. In general, the export price showed a relatively flat trend pattern.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Austria ($X per thousand units), while the UK ($X per thousand units) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+56.4%), while the other leaders experienced more modest paces of growth.

Railway Maintenance Vehicle Imports

Imports into Puerto Rico

Railway maintenance vehicle imports into Puerto Rico was estimated at less than X units in 2021, remaining relatively unchanged against the previous year's figure. Over the period under review, imports continue to indicate a relatively flat trend pattern.

In value terms, railway maintenance vehicle imports amounted to less than $X in 2021. Overall, imports showed a relatively flat trend pattern.

Imports by Country

Syrian Arab Republic represented the major importer of railway or tramway maintenance or service vehicles in the world, with the volume of imports accounting for X units, which was approx. 44% of total imports in 2021. Lao People's Democratic Republic (X units) took the second position in the ranking, followed by Canada (X units), Japan (X units) and Egypt (X units). All these countries together held approx. 28% share of total imports. Israel (X units), South Korea (X units), Tanzania (X units), Malaysia (X units), South Africa (X units) and Senegal (X units) held a little share of total imports.

Imports into Syrian Arab Republic increased at an average annual rate of +28.6% from 2012 to 2021. At the same time, Lao People's Democratic Republic (+158.6%), South Korea (+73.8%), Tanzania (+22.6%), Malaysia (+15.6%) and Japan (+7.2%) displayed positive paces of growth. Moreover, Lao People's Democratic Republic emerged as the fastest-growing importer imported in the world, with a CAGR of +158.6% from 2012-2021. Guyana experienced a relatively flat trend pattern. By contrast, Israel (-6.6%), Canada (-7.7%), Senegal (-25.6%), Egypt (-29.9%) and South Africa (-47.2%) illustrated a downward trend over the same period. While the share of Syrian Arab Republic (+40 p.p.), Lao People's Democratic Republic (+11 p.p.), Japan (+4.2 p.p.) and South Korea (+2.1 p.p.) increased significantly in terms of the global imports from 2012-2021, the share of Israel (-2.6 p.p.), Egypt (-3.4 p.p.), Canada (-8 p.p.), Senegal (-10.1 p.p.) and South Africa (-16.9 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) constitutes the largest market for imported railway or tramway maintenance or service vehicles into Puerto Rico, comprising 14% of global imports. The second position in the ranking was taken by Canada ($X), with a 7.1% share of global imports. It was followed by South Korea, with a 3.7% share.

In Japan, railway maintenance vehicle imports increased at an average annual rate of +6.2% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Canada (+1.0% per year) and South Korea (+63.9% per year).

Import Prices by Country

The import price in Puerto Rico stood at less than $X per thousand units in 2021, approximately mirroring the previous year. In general, the import price showed 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 Egypt ($X per thousand units), while Lao People's Democratic Republic ($X per thousand units) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Senegal (+35.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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