Puerto Rico: Man-Made Filament Fabric Market 2025

Man-Made Filament Fabric Market Size in Puerto Rico

The Puerto Rican man-made filament fabric market was finally on the rise to reach $X in 2021, after two years of decline. In general, consumption saw a strong increase. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Man-Made Filament Fabric Production in Puerto Rico

In value terms, man-made filament fabric production shrank modestly to $X in 2021 estimated in export price. Overall, production continues to indicate a buoyant increase. The pace of growth was the most pronounced in 2014 when the production volume increased by 84%. Puerto Rico production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Man-Made Filament Fabric Exports

Exports from Puerto Rico

In 2021, approx. less than X kg of woven fabrics of man-made filaments and staple fibers were exported from Puerto Rico; therefore, remained relatively stable against the year before. Overall, exports saw a relatively flat trend pattern.

In value terms, man-made filament fabric exports stood at less than $X in 2021. Over the period under review, exports saw a relatively flat trend pattern.

Exports by Country

In 2021, China (X tons) represented the main exporter of woven fabrics of man-made filaments and staple fibers, comprising 50% of total exports. Germany (X tons) ranks second in terms of the total exports with a 5.7% share, followed by Italy (5.2%) and Spain (5%). The following exporters - Greece (X tons), the Czech Republic (X tons), France (X tons), Taiwan (Chinese) (X tons), the Netherlands (X tons), Turkey (X tons), South Korea (X tons), Belgium (X tons) and Indonesia (X tons) - together made up 20% of total exports.

From 2012 to 2021, average annual rates of growth with regard to man-made filament fabric exports from China stood at +7.3%. At the same time, Greece (+44.8%), the Netherlands (+30.0%), Spain (+28.7%), the Czech Republic (+27.8%), France (+24.5%), Italy (+21.9%), Germany (+19.1%), Belgium (+9.9%) and Turkey (+3.7%) displayed positive paces of growth. Moreover, Greece emerged as the fastest-growing exporter exported in the world, with a CAGR of +44.8% from 2012-2021. By contrast, South Korea (-3.4%), Taiwan (Chinese) (-4.5%) and Indonesia (-7.6%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Spain, Italy, Germany, Greece, the Czech Republic, France and the Netherlands increased by +4, +3.5, +3.4, +3.2, +2.4, +2.1 and +1.7 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest man-made filament fabric supplier from Puerto Rico, comprising 57% of global exports. The second position in the ranking was taken by South Korea ($X), with a 4% share of global exports. It was followed by Taiwan (Chinese), with a 3.9% share.

In China, man-made filament fabric exports increased at an average annual rate of +5.1% over the period from 2012-2021. In the other countries, the average annual rates were as follows: South Korea (-1.8% per year) and Taiwan (Chinese) (-2.7% per year).

Export Prices by Country

The export price in Puerto Rico stood at less than $X per ton in 2021, flattening at 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 South Korea ($X per ton), while Greece ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+1.9%), while the other leaders experienced mixed trends in the export price figures.

Man-Made Filament Fabric Imports

Imports into Puerto Rico

In 2021, man-made filament fabric imports into Puerto Rico stood at less than X kg, remaining stable against 2020. Over the period under review, imports recorded a relatively flat trend pattern.

In value terms, man-made filament fabric imports stood at less than $X in 2021. Overall, imports continue to indicate a relatively flat trend pattern.

Imports by Country

In 2021, Italy (X tons), Germany (X tons), Poland (X tons), the United States (X tons), Russia (X tons), Spain (X tons), the Netherlands (X tons), France (X tons), Greece (X tons), Vietnam (X tons), Bangladesh (X tons) and Romania (X tons) represented the largest importer of woven fabrics of man-made filaments and staple fibers in the world, comprising 55% of total import. The United Arab Emirates (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Greece (with a CAGR of +49.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest man-made filament fabric importing markets into Puerto Rico were Vietnam ($X), Bangladesh ($X) and the United Arab Emirates ($X), with a combined 20% share of total imports.

Bangladesh, with a CAGR of +11.1%, recorded the highest rates of growth with regard to 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 ton in 2021, almost unchanged from the previous year. In general, the import price showed a relatively flat trend pattern.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Vietnam ($X per ton), while Greece ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+2.2%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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