Puerto Rico: Trichloroethylene And Tetrachloroethylene Market 2024

Trichloroethylene And Tetrachloroethylene Market Size in Puerto Rico

The Puerto Rican trichloroethylene and tetrachloroethylene market amounted to less than $X in 2021, flattening 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 continues to indicate a relatively flat trend pattern.

Trichloroethylene And Tetrachloroethylene Exports

Exports from Puerto Rico

Trichloroethylene and tetrachloroethylene exports from Puerto Rico totaled less than X kg in 2021, remaining stable against the previous year's figure. Overall, exports recorded a relatively flat trend pattern.

In value terms, trichloroethylene and tetrachloroethylene exports stood at less than $X in 2021. In general, exports continue to indicate a relatively flat trend pattern.

Exports by Country

Germany was the largest exporter of trichloroethylene and tetrachloroethylene (perchloroethylene) in the world, with the volume of exports accounting for X tons, which was approx. 40% of total exports in 2021. The United States (X tons) took a 15% share (based on physical terms) of total exports, which put it in second place, followed by China (12%), Japan (8.5%), France (8.2%) and the Czech Republic (5.2%). The following exporters - Belgium (X tons) and the Netherlands (X tons) - together made up 5% of total exports.

From 2012 to 2021, average annual rates of growth with regard to trichloroethylene and tetrachloroethylene exports from Germany stood at +1.0%. At the same time, the Czech Republic (+5.4%) and China (+3.0%) displayed positive paces of growth. Moreover, the Czech Republic emerged as the fastest-growing exporter exported in the world, with a CAGR of +5.4% from 2012-2021. Japan experienced a relatively flat trend pattern. By contrast, France (-1.1%), the United States (-5.4%), Belgium (-5.9%) and the Netherlands (-8.7%) illustrated a downward trend over the same period. While the share of Germany (+7.1 p.p.), China (+3.6 p.p.) and the Czech Republic (+2.3 p.p.) increased significantly in terms of the global exports from 2012-2021, the share of Belgium (-1.8 p.p.), the Netherlands (-2 p.p.) and the United States (-7.1 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X), the United States ($X) and China ($X) were the countries with the highest levels of exports in 2021, with a combined 61% share of total exports.

China, with a CAGR of +5.6%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in Puerto Rico stood at less than $X per ton in 2021, stabilizing at the previous year. In general, 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 China ($X per ton), while Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+2.5%), while the other leaders experienced a decline in the export price figures.

Trichloroethylene And Tetrachloroethylene Imports

Imports into Puerto Rico

In 2021, approx. less than X kg of trichloroethylene and tetrachloroethylene (perchloroethylene) were imported into Puerto Rico; leveling off at 2020 figures. In general, imports showed a relatively flat trend pattern.

In value terms, trichloroethylene and tetrachloroethylene imports stood at less than $X in 2021. Overall, imports continue to indicate a relatively flat trend pattern.

Imports by Country

In 2021, China (X tons) was the main importer of trichloroethylene and tetrachloroethylene (perchloroethylene), achieving 34% of total imports. The United States (X tons) took the second position in the ranking, followed by India (X tons) and Belgium (X tons). All these countries together held approx. 23% share of total imports. The following importers - Russia (X tons), the Netherlands (X tons), Turkey (X tons), Italy (X tons), South Korea (X tons), Germany (X tons), the UK (X tons), Mexico (X tons) and Brazil (X tons) - together made up 25% of total imports.

China was also the fastest-growing in terms of the trichloroethylene and tetrachloroethylene (perchloroethylene) imports, with a CAGR of +16.0% from 2012 to 2021. At the same time, Russia (+8.0%), India (+5.5%), the United States (+5.5%), the Netherlands (+4.6%), Belgium (+2.6%) and Germany (+1.0%) displayed positive paces of growth. By contrast, Turkey (-1.2%), the UK (-4.2%), Italy (-5.2%), Mexico (-5.9%), South Korea (-7.6%) and Brazil (-7.7%) illustrated a downward trend over the same period. From 2012 to 2021, the share of China, the United States, India and Russia increased by +24, +2.8, +2.2 and +1.8 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported trichloroethylene and tetrachloroethylene (perchloroethylene) into Puerto Rico, comprising 21% of global imports. The second position in the ranking was taken by India ($X), with an 8.1% share of global imports. It was followed by the United States, with a 5.9% share.

In China, trichloroethylene and tetrachloroethylene imports expanded at an average annual rate of +9.5% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: India (+3.6% per year) and the United States (-0.3% per year).

Import Prices by Country

In 2021, the import 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 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 Germany ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+1.1%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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