Puerto Rico - Welded and Cold-Formed Sections of Steel - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPuerto Rico: Market for Welded And Cold-Formed Sections Of Steel 2024
Market Size for Welded And Cold-Formed Sections Of Steel in Puerto Rico
In 2021, the Puerto Rican market for welded and cold-formed sections of steel was finally on the rise to reach $X for the first time since 2016, thus ending a four-year declining trend. Over the period under review, consumption, however, saw a mild shrinkage. Puerto Rico consumption peaked at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.
Production of Welded And Cold-Formed Sections Of Steel in Puerto Rico
In value terms, welded and cold-formed steel sections production expanded rapidly to $X in 2021 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of 98% against the previous year. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.
Exports of Welded And Cold-Formed Sections Of Steel
Exports by Country
In 2021, Germany (X tons), Bahrain (X tons), Poland (X tons), China (X tons), Bulgaria (X tons), the United States (X tons), Spain (X tons), Romania (X tons), the Dominican Republic (X tons), Ireland (X tons), Russia (X tons) and Saudi Arabia (X tons) was the key exporter of welded and cold-formed sections of steel in the world, committing 69% of total export. Jordan (X tons) followed a long way behind the leaders.
From 2012 to 2021, the biggest increases were in Ireland (with a CAGR of +75.4%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, the largest welded and cold-formed steel sections supplying countries from Puerto Rico were Germany ($X), Poland ($X) and the United States ($X), together accounting for 31% of total exports. Spain, China, Bahrain, Romania, Bulgaria, Ireland, Jordan, Russia, Saudi Arabia and the Dominican Republic lagged somewhat behind, together comprising a further 28%.
In terms of the main exporting countries, Jordan, with a CAGR of +67.9%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Imports of Welded And Cold-Formed Sections Of Steel
Imports by Country
In 2021, Ireland (X tons), distantly followed by Saudi Arabia (X tons), Canada (X tons) and Spain (X tons) were the major importers of welded and cold-formed sections of steel, together generating 44% of total imports. France (X tons), South Korea (X tons), Germany (X tons), the UK (X tons), China (X tons), Denmark (X tons), Italy (X tons), Bahrain (X tons) and the United States (X tons) followed a long way behind the leaders.
Ireland was also the fastest-growing in terms of the welded and cold-formed sections of steel imports, with a CAGR of +28.6% from 2012 to 2021. At the same time, the UK (+11.9%), France (+8.5%), Germany (+6.4%), Spain (+5.9%), Saudi Arabia (+4.4%) and Denmark (+1.1%) displayed positive paces of growth. Italy experienced a relatively flat trend pattern. By contrast, Bahrain (-7.4%), China (-10.2%), Canada (-11.7%), the United States (-14.3%) and South Korea (-14.7%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Ireland, Saudi Arabia, France, Spain, the UK and Germany increased by +21, +4.9, +2.6, +2.5, +2.3 and +1.9 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Germany ($X), Ireland ($X) and France ($X) were the countries with the highest levels of imports in 2021, with a combined 22% share of total imports.
In terms of the main importing countries, Ireland, with a CAGR of +19.5%, recorded 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.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for welded and cold-formed steel sections 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 24107420 - Welded and cold-formed sections (of steel)
- Prodcom 2410T260 - Welded sections
Country coverage:
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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