Puerto Rico: Market for Road Tractors For Semi-Trailers 2024

Market Size for Road Tractors For Semi-Trailers in Puerto Rico

The Puerto Rican road tractor for semi-trailer market stood at less than $X in 2021, approximately mirroring 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). Overall, consumption showed a relatively flat trend pattern.

Exports of Road Tractors For Semi-Trailers

Exports from Puerto Rico

In 2021, approx. less than X units of road tractors for semi-trailers were exported from Puerto Rico; remaining relatively unchanged against the year before. Overall, exports recorded a relatively flat trend pattern.

In value terms, road tractor for semi-trailer exports stood at less than $X in 2021. In general, exports recorded a relatively flat trend pattern.

Exports by Country

In 2021, Mexico (X units), distantly followed by the Netherlands (X units), Germany (X units), China (X units), Belgium (X units), France (X units), the United States (X units) and Poland (X units) represented the major exporters of road tractors for semi-trailers, together creating 78% of total exports. Spain (X units), Sweden (X units), Brazil (X units) and Lithuania (X units) held a little share of total exports.

Exports from Mexico increased at an average annual rate of +15.2% from 2012 to 2021. At the same time, Poland (+18.6%), China (+13.5%), Lithuania (+10.1%), Spain (+9.6%) and Brazil (+2.4%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter exported in the world, with a CAGR of +18.6% from 2012-2021. France and the Netherlands experienced a relatively flat trend pattern. By contrast, Belgium (-1.1%), the United States (-3.4%), Sweden (-7.8%) and Germany (-10.7%) illustrated a downward trend over the same period. Mexico (+18 p.p.), China (+4.6 p.p.), Poland (+3.5 p.p.) and Spain (+2 p.p.) significantly strengthened its position in terms of the global exports, while Belgium, the Netherlands, the United States, Sweden and Germany saw its share reduced by -1.8%, -2.1%, -2.9%, -4.1% and -19.5% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X), the Netherlands ($X) and Germany ($X) were the countries with the highest levels of exports in 2021, with a combined 49% share of total exports. These countries were followed by Belgium, France, the United States, Sweden, Spain, China, Poland, Brazil and Lithuania, which together accounted for a further 42%.

Spain, with a CAGR of +19.3%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Puerto Rico stood at less than $X per thousand units in 2021, approximately reflecting the previous year. Overall, the export price showed 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 Sweden ($X per thousand units), while Lithuania ($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 Sweden (+11.4%), while the other leaders experienced more modest paces of growth.

Imports of Road Tractors For Semi-Trailers

Imports into Puerto Rico

In 2021, approx. less than X units of road tractors for semi-trailers were imported into Puerto Rico; approximately equating the previous year's figure. Overall, imports showed a relatively flat trend pattern.

In value terms, road tractor for semi-trailer imports totaled less than $X in 2021. In general, imports saw a relatively flat trend pattern.

Imports by Country

In 2021, the United States (X units), followed by Canada (X units), Poland (X units) and Italy (X units) were the key importers of road tractors for semi-trailers, together making up 33% of total imports. The following importers - the UK (X units), Germany (X units), France (X units), the Netherlands (X units), the United Arab Emirates (X units), Ireland (X units), Russia (X units), Slovakia (X units) and Lithuania (X units) - together made up 24% of total imports.

From 2012 to 2021, the biggest increases were recorded for Ireland (with a CAGR of +43.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constitutes the largest market for imported road tractors for semi-trailers into Puerto Rico, comprising 22% of global imports. The second position in the ranking was taken by the UK ($X), with a 7.4% share of global imports. It was followed by Poland, with a 6% share.

In the United States, road tractor for semi-trailer imports expanded at an average annual rate of +5.9% over the period from 2012-2021. In the other countries, the average annual rates were as follows: the UK (+7.8% per year) and Poland (+8.5% per year).

Import Prices by Country

In 2021, the import price in Puerto Rico amounted to less than $X per thousand units, remaining relatively unchanged against the previous year. In general, the import price recorded 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 United States ($X per thousand units), while Ireland ($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 Germany (+6.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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