Report Puerto Rico - Welded and Cold-Formed Sections of Steel - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Puerto Rico - Welded and Cold-Formed Sections of Steel - Market Analysis, Forecast, Size, Trends and Insights

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Puerto 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) :

China constituted the country with the largest volume of welded and cold-formed steel sections consumption, comprising approx. 24% of total volume. Moreover, welded and cold-formed steel sections consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by India, with a 10% share.
The country with the largest volume of welded and cold-formed steel sections production was China, accounting for 25% of total volume. Moreover, welded and cold-formed steel sections 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 10% share.
In value terms, the largest welded and cold-formed steel sections importing markets into Puerto Rico were Germany, Ireland and France, together accounting for 21% of total imports. Saudi Arabia, the UK, Spain, Iraq, Canada, China, South Korea, Lesotho, Kuwait and Indonesia lagged somewhat behind, together comprising a further 31%.
In value terms, the largest welded and cold-formed steel sections supplying countries from Puerto Rico were Germany, Poland and the United States, together accounting for 32% of total exports. China, Spain, Romania, Bulgaria, Ireland, Saudi Arabia, Bahrain, Turkey, the Dominican Republic and Singapore lagged somewhat behind, together comprising a further 26%.
The ons of steel in Puerto Rico stood at $less than 0.1 per ton in 2021, remaining relatively unchanged against the previous year.
In 2021, the ons of steel in Puerto Rico amounted to $less than 0.1 per ton, remaining stable against the previous year.

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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

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