Puerto Rico: Market for Turbo-Jets Of A Thrust Exceeding 25 kN 2024

Market Size for Turbo-Jets Of A Thrust Exceeding 25 kN in Puerto Rico

The Puerto Rican turbo-jet (over X kn) market stood at less than $X in 2021, almost unchanged from 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 recorded a relatively flat trend pattern.

Exports of Turbo-Jets Of A Thrust Exceeding 25 kN

Exports from Puerto Rico

In 2021, approx. less than X units of turbo-jets of a thrust exceeding X kn were exported from Puerto Rico; flattening at 2020 figures. Overall, exports showed a relatively flat trend pattern.

In value terms, turbo-jet (over X kn) exports stood at less than $X in 2021. Over the period under review, exports showed a relatively flat trend pattern.

Exports by Country

In 2021, the UK (X units), distantly followed by France (X units), Hong Kong SAR (X units), Canada (X units), Russia (X units), the Netherlands (X units), Singapore (X units) and Germany (X units) were the key exporters of turbo-jets of a thrust exceeding X kn, together committing 72% of total exports. India (X units), Ireland (X units), the United States (X units), Taiwan (Chinese) (X units) and Japan (X units) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by India (with a CAGR of +39.9%), while the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), France ($X) and Hong Kong SAR ($X) constituted the countries with the highest levels of exports in 2021, together comprising 56% of total exports. Singapore, Russia, India, Germany, Ireland, Canada, the Netherlands, Taiwan (Chinese), the United States and Japan lagged somewhat behind, together accounting for a further 34%.

In terms of the main exporting countries, India, with a CAGR of +73.0%, recorded the highest rates of growth with regard to the value of exports, 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, almost unchanged from 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 Singapore ($X per thousand units), while Japan ($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 India (+23.3%), while the other leaders experienced more modest paces of growth.

Imports of Turbo-Jets Of A Thrust Exceeding 25 kN

Imports into Puerto Rico

In 2021, the amount of turbo-jets of a thrust exceeding X kn imported into Puerto Rico amounted to less than X units, remaining relatively unchanged against the previous year. In general, imports continue to indicate a relatively flat trend pattern.

In value terms, turbo-jet (over X kn) imports totaled less than $X in 2021. Over the period under review, imports recorded a relatively flat trend pattern.

Imports by Country

The United States (X units) and Turkey (less than X units) represented roughly 47% of total imports in 2021. The UK (X units) took the next position in the ranking, followed by Singapore (X units). All these countries together held near 12% share of total imports. Hong Kong SAR (X units), France (X units), Canada (X units), Germany (X units), Zimbabwe (X units), Brazil (X units), the Dominican Republic (X units), China (X units) and India (X units) took a little share of total imports.

From 2012 to 2021, turbo-jet (over X kn) imports into expanded with a the United States of +26.0%, while Turkey (-37.5%) experienced a significant curtailment unchanged over the same period. At the same time, Zimbabwe (+50.7%), India (+39.9%), Singapore (+23.0%), Hong Kong SAR (+8.4%), China (+6.0%) and the UK (+3.3%) displayed positive paces of growth. Moreover, Zimbabwe emerged as the fastest-growing importer imported in the world, with a CAGR of +50.7% from 2012-2021. France experienced a relatively flat trend pattern. By contrast, Brazil (-2.3%), Canada (-3.6%), Germany (-7.7%) and the Dominican Republic (-8.0%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the United States, Singapore, Zimbabwe and India increased by +38, +4.1, +2.1 and +1.6 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Hong Kong SAR ($X), the UK ($X) and the United States ($X) constituted the countries with the highest levels of imports in 2021, with a combined 37% share of total imports. Singapore, Germany, France, China, India, Brazil, Canada, Turkey, Zimbabwe and the Dominican Republic lagged somewhat behind, together accounting for a further 37%.

India, with a CAGR of +41.1%, saw the highest growth rate of 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 thousand units in 2021, therefore, remained relatively stable against the previous year. Overall, the import price recorded a relatively flat trend pattern.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Hong Kong SAR ($X per thousand units), while the Dominican Republic ($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 Turkey (+89.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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