Report Update Nov 1, 2024

Puerto Rico - Wadding of Textile Materials and Articles Thereof - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Textile Wadding Market 2022

Textile Wadding Market Size in Puerto Rico

After two years of decline, the Puerto Rican textile wadding market increased by 9.2% to $X in 2021. Overall, consumption saw a temperate increase. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Textile Wadding Production in Puerto Rico

In value terms, textile wadding production expanded markedly to $X in 2021 estimated in export price. Over the period under review, production showed a pronounced expansion. The growth pace was the most rapid in 2015 when the production volume increased by 55%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Textile Wadding Exports

Exports by Country

In 2021, China (X tons), distantly followed by Thailand (X tons), Turkey (X tons), India (X tons) and the United States (X tons) represented the largest exporters of wadding of textile materials and articles thereof, together constituting 40% of total exports. Germany (X tons), the Netherlands (X tons), Poland (X tons), Japan (X tons), France (X tons), Bulgaria (X tons), Italy (X tons) and South Korea (X tons) held a relatively small share of total exports.

China experienced a relatively flat trend pattern with regard to volume of exports of wadding of textile materials and articles thereof. At the same time, Thailand (+13.4%), Bulgaria (+12.8%), India (+6.3%), Turkey (+5.8%), South Korea (+4.7%), the United States (+4.0%), Japan (+1.5%) and Poland (+1.5%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in the world, with a CAGR of +13.4% from 2012-2021. France and the Netherlands experienced a relatively flat trend pattern. By contrast, Germany (-3.3%) and Italy (-5.4%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Thailand and Bulgaria increased by +3.7 and +1.6 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest textile wadding supplier from Puerto Rico, comprising 15% of global exports. The second position in the ranking was held by the Netherlands ($X), with a 6.7% share of global exports. It was followed by Japan, with a 5.5% share.

In China, textile wadding exports expanded at an average annual rate of +4.5% over the period from 2012-2021. In the other countries, the average annual rates were as follows: the Netherlands (-1.6% per year) and Japan (+0.8% per year).

Export Prices by Country

In 2021, the export price in Puerto Rico amounted to less than $X per ton, remaining stable against the previous year. Overall, the export price recorded a relatively flat trend pattern.

Prices varied noticeably country of origin: the country with the highest price was South Korea ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+6.3%), while the other leaders experienced more modest paces of growth.

Textile Wadding Imports

Imports by Country

The purchases of the seven major importers of wadding of textile materials and articles thereof, namely the United States, France, Japan, Russia, the UK, China and Germany, represented more than third of total import. The following importers - Canada (X tons), Mexico (X tons), South Korea (X tons), Spain (X tons), Kazakhstan (X tons) and Kyrgyzstan (X tons) - each amounted to a 12% share of total imports.

From 2012 to 2021, the biggest increases were in Kyrgyzstan (with a CAGR of +22.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest textile wadding importing markets into Puerto Rico were the United States ($X), China ($X) and France ($X), together accounting for 20% of total imports.

In terms of the main importing countries, the United States, with a CAGR of +6.4%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Puerto Rico amounted to less than $X per ton, flattening at the previous year. Overall, the import price continues to indicate a relatively flat trend pattern.

Prices varied noticeably country of destination: the country with the highest price was China ($X per ton), while Kyrgyzstan ($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 (+3.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for wadding of textile materials and articles thereof in the world?

China constituted the country with the largest volume of wadding of textile consumption, comprising approx. 17% of total volume. Moreover, wadding of textile consumption in China exceeded the figures recorded by the second-largest consumer, the United States, threefold. India ranked third in terms of total consumption with a 5.8% share.

What are the largest producers of wadding of textile materials and articles thereof in the world?

China remains the largest wadding of textile producing country worldwide, comprising approx. 18% of total volume. Moreover, wadding of textile production in China exceeded the figures recorded by the second-largest producer, India, threefold. The United States ranked third in terms of total production with a 6.1% share.

What are the leading suppliers of wadding of textile materials and articles thereof to Puerto Rico?

In value terms, the largest wadding of textile importing markets into Puerto Rico were China, France and the United States, together accounting for 19% of total imports. These countries were followed by Japan, Russia, the UK, Germany, South Korea, the Netherlands, Canada, Spain, Kazakhstan and Democratic People's Republic of Korea, which together accounted for a further 27%.

What are the leading importers of wadding of textile materials and articles thereof from Puerto Rico?

In value terms, the largest wadding of textile supplying countries from Puerto Rico were the Netherlands, Japan and South Korea, with a combined 20% share of total exports. These countries were followed by the United States, Germany, Poland, Thailand, France, Turkey, China, Italy, Bulgaria and India, which together accounted for a further 38%.

What is the average export price for wadding of textile materials and articles thereof in Puerto Rico?

The export price in Puerto Rico stood at $less than 0.1 per ton in 2021, therefore, remained relatively stable against the previous year.

What is the average import price for wadding of textile materials and articles thereof in Puerto Rico?

In 2021, the import price in Puerto Rico amounted to $less than 0.1 per ton, approximately reflecting the previous year.

This report provides an in-depth analysis of the textile wadding 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 13991400 - Textile flock and dust and mill neps
Prodcom 17221240 - Wadding, other articles of wadding

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