Report Update Nov 1, 2024

Puerto Rico - Baking Soda - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Puerto Rico: Baking Soda Market 2024

Baking Soda Market Size in Puerto Rico

The Puerto Rican baking soda market rose modestly to $X in 2021, with an increase of 1.7% against the previous year. In general, consumption continues to indicate a deep downturn. Puerto Rico consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Baking Soda Production in Puerto Rico

In value terms, baking soda production rose to $X in 2021 estimated in export price. In general, production continues to indicate a abrupt decline. The pace of growth was the most pronounced in 2015 when the production volume increased by 58% against the previous year. Puerto Rico production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Baking Soda Exports

Exports from Puerto Rico

Baking soda exports from Puerto Rico was estimated at less than X kg in 2021, approximately equating 2020 figures. In general, exports recorded a relatively flat trend pattern.

In value terms, baking soda exports stood at less than $X in 2021. Overall, exports continue to indicate a relatively flat trend pattern.

Exports by Country

In 2021, Turkey (X tons), China (X tons) and Germany (X tons) represented the key exporter of baking soda in the world, generating 55% of total export. Spain (X tons) took the next position in the ranking, followed by Russia (X tons), the United States (X tons) and France (X tons). All these countries together took approx. 24% share of total exports. Bosnia and Herzegovina (X tons), Belgium (X tons), Thailand (X tons), the UK (X tons) and Singapore (X tons) held a relatively small share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Turkey (with a CAGR of +95.7%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), China ($X) and Turkey ($X) were the countries with the highest levels of exports in 2021, with a combined 44% share of total exports.

Turkey, with a CAGR of +95.7%, saw the highest rates of growth with regard to 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

In 2021, the export price in Puerto Rico amounted to less than $X per ton, remaining constant against the previous year. Overall, the export price saw 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 the United States ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+3.3%), while the other leaders experienced more modest paces of growth.

Baking Soda Imports

Imports into Puerto Rico

In 2021, approx. less than X kg of baking soda were imported into Puerto Rico; remaining stable against the previous year. Overall, imports showed a relatively flat trend pattern.

In value terms, baking soda imports totaled less than $X in 2021. In general, imports showed a relatively flat trend pattern.

Imports by Country

In 2021, South Korea (X tons), France (X tons), Belgium (X tons), Germany (X tons), Indonesia (X tons), Italy (X tons), the Netherlands (X tons), China (X tons), Spain (X tons) and Canada (X tons) was the major importer of baking soda in the world, making up 53% of total import. The following importers - Vietnam (X tons), Thailand (X tons) and Australia (X tons) - each reached a 6.1% share of total imports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +33.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest baking soda importing markets into Puerto Rico were France ($X), South Korea ($X) and Belgium ($X), together comprising 20% of total imports. Germany, the Netherlands, China, Canada, Indonesia, Italy, Spain, Vietnam, Australia and Thailand lagged somewhat behind, together comprising a further 33%.

Australia, with a CAGR of +25.9%, recorded the highest rates of growth with regard to the value of imports, among 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, flattening at the previous year. Overall, the import price continues to indicate 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 Canada ($X per ton), while Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+3.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for baking soda in the world?

The countries with the highest volumes of baking soda consumption in 2021 were China, the United States and India, with a combined 41% share of global consumption. Japan, Pakistan, Brazil, Russia, France, Italy, Mexico, the UK, Germany and South Korea lagged somewhat behind, together accounting for a further 33%.

What are the largest producers of baking soda in the world?

China constituted the country with the largest volume of baking soda production, comprising approx. 27% of total volume. Moreover, baking soda production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by India, with a 7.9% share.

What are the leading suppliers of baking soda to Puerto Rico?

In value terms, the largest baking soda importing markets into Puerto Rico were France, Belgium and South Korea, with a combined 20% share of total imports. These countries were followed by Germany, the Netherlands, China, Canada, Italy, Indonesia, Spain, Vietnam, Thailand and Australia, which together accounted for a further 33%.

What are the leading importers of baking soda from Puerto Rico?

In value terms, the largest baking soda supplying countries from Puerto Rico were Germany, China and Turkey, with a combined 45% share of total exports. These countries were followed by Spain, the United States, France and Russia, which together accounted for a further 30%.

What is the average export price for baking soda in Puerto Rico?

In 2021, the baking soda export price in Puerto Rico amounted to $less than 0.1 per ton, remaining stable against the previous year.

What is the average import price for baking soda in Puerto Rico?

The baking soda import price in Puerto Rico stood at $less than 0.1 per ton in 2021, approximately equating the previous year.

This report provides an in-depth analysis of the baking soda 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 20134320 - Sodium hydrogencarbonate (sodium bicarbonate)

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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023