Report Update May 1, 2024

Puerto Rico - Air or Vacuum Pumps and Air or Other Gas Compressors - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Market for Vacuum Pumps and Air or Gas Compressors 2022

Market Size for Vacuum Pumps and Air or Gas Compressors in Puerto Rico

The Puerto Rican market for vacuum pumps and air or gas compressors contracted to $X in 2021, remaining relatively unchanged against the previous year. Over the period under review, consumption saw a pronounced reduction. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Production of Vacuum Pumps and Air or Gas Compressors in Puerto Rico

In value terms, production of vacuum pumps and air or gas compressors amounted to $X in 2021 estimated in export price. Overall, production showed a perceptible setback. The most prominent rate of growth was recorded in 2014 with an increase of 15% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2021, production of growth remained at a somewhat lower figure.

Exports of Vacuum Pumps and Air or Gas Compressors

Exports by Country

China dominates compressors structure, amounting to X units, which was near 53% of total exports in 2021. It was distantly followed by Germany (X units), comprising a 6.7% share of total exports. Taiwan (Chinese) (X units), Japan (X units), Slovakia (X units), Hong Kong SAR (X units), Mexico (X units), South Korea (X units), Belgium (X units), the Netherlands (X units), France (X units), India (X units) and Italy (X units) took a little share of total exports.

From 2012 to 2021, average annual rates of growth with regard to vacuum pump and air or gas compressor exports from China stood at +5.2%. At the same time, Belgium (+27.2%), India (+16.2%), Slovakia (+12.6%), the Netherlands (+11.3%), Mexico (+9.9%), Taiwan (Chinese) (+5.8%), Hong Kong SAR (+5.4%), Italy (+4.0%), France (+3.3%) and Germany (+1.6%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing exporter exported in the world, with a CAGR of +27.2% from 2012-2021. Japan experienced a relatively flat trend pattern. By contrast, South Korea (-7.3%) illustrated a downward trend over the same period. While the share of China (+6 p.p.), Belgium (+1.8 p.p.) and Slovakia (+1.6 p.p.) increased significantly in terms of the global exports from 2012-2021, the share of South Korea (-4.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest vacuum pump and air or gas compressor supplying countries from Puerto Rico were China ($X), Germany ($X) and Japan ($X), with a combined 44% share of total exports. These countries were followed by South Korea, Mexico, Italy, Belgium, France, Slovakia, the Netherlands, Taiwan (Chinese), India and Hong Kong SAR, which together accounted for a further 26%.

Slovakia, with a CAGR of +10.3%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in Puerto Rico amounted to less than $X per thousand units, therefore, remained relatively stable against the previous year. In general, the export price saw a relatively flat trend pattern.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Italy ($X per thousand units), while Hong Kong SAR ($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 South Korea (+11.3%), while the other leaders experienced more modest paces of growth.

Imports of Vacuum Pumps and Air or Gas Compressors

Imports by Country

The United States (X units), India (X units), Mexico (X units), Germany (X units), the Netherlands (X units), Thailand (X units), Italy (X units), France (X units), Belgium (X units), Poland (X units), Japan (X units) and South Korea (X units) represented roughly 58% of total imports in 2021. Turkey (X units) took a little share of total imports.

From 2012 to 2021, the biggest increases were in the Netherlands (with a CAGR of +26.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Germany ($X) and Mexico ($X) appeared to be the countries with the highest levels of imports in 2021, together comprising 25% of total imports. These countries were followed by France, Thailand, South Korea, Italy, India, Japan, Poland, Turkey, Belgium and the Netherlands, which together accounted for a further 26%.

Poland, with a CAGR of +5.8%, recorded the highest growth rate of the value of imports, in terms of 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

In 2021, the import price in Puerto Rico amounted to less than $X per thousand units, remaining constant against the previous year. In general, the import price showed a relatively flat trend pattern.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per thousand units), while the Netherlands ($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 Japan (+0.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for vacuum pumps and air or gas compressors in the world?

The countries with the highest volumes of consumption in 2021 were the United States, China and India, together accounting for 37% of global consumption. These countries were followed by Indonesia, the Netherlands, Mexico, Japan, Thailand, Italy, Brazil, South Korea, Germany and Russia, which together accounted for a further 30%.

What are the largest producers of vacuum pumps and air or gas compressors in the world?

China constituted the country with the largest volume of production of vacuum pumps and air or gas compressors, comprising approx. 62% of total volume. Moreover, production of vacuum pumps and air or gas compressors in China exceeded the figures recorded by the second-largest producer, the United States, eightfold. Japan ranked third in terms of total production with a 4.3% share.

What are the leading suppliers of vacuum pumps and air or gas compressors to Puerto Rico?

In value terms, the United States, Germany and Mexico appeared to be the countries with the highest levels of imports in 2021, together comprising 25% of total imports. These countries were followed by France, Thailand, South Korea, Italy, India, Japan, Poland, Turkey, Belgium and the Netherlands, which together accounted for a further 26%.

What are the leading importers of vacuum pumps and air or gas compressors from Puerto Rico?

In value terms, the largest vacuum pump and air or gas compressor supplying countries from Puerto Rico were China, Germany and Japan, with a combined 44% share of total exports. These countries were followed by South Korea, Mexico, Italy, Belgium, France, Slovakia, the Netherlands, Taiwan Chinese), India and Hong Kong SAR, which together accounted for a further 26%.

What is the average export price for vacuum pumps and air or gas compressors in Puerto Rico?

In 2021, the export price in Puerto Rico amounted to less than $0.1 per thousand units, approximately mirroring the previous year.

What is the average import price for vacuum pumps and air or gas compressors in Puerto Rico?

The import price in Puerto Rico stood at less than $0.1 per thousand units in 2021, approximately reflecting the previous year.

This report provides an in-depth analysis of the market for vacuum pump and air or gas compressor 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 28132170 - Rotary piston vacuum pumps, sliding vane rotary pumps, m olecular drag pumps, Roots pumps, diffusion pumps, c ryopumps and adsorption pumps
Prodcom 28132190 - Liquid ring
Prodcom 28132200 - Hand or foot-operated air pumps
Prodcom 28132300 - Compressors for refrigeration equipment
Prodcom 28132400 - Air compressors mounted on a wheeled chassis for towing
Prodcom 28132530 - Turbo-compressors, single stage
Prodcom 28132550 - Turbo-compressors, multistage
Prodcom 28132630 - Reciprocating displacement compressors having a gauge pressure capacity . .15 bar, giving a flow . .60 m./hour
Prodcom 28132650 - Reciprocating displacement compressors having a gauge pressure capacity . .15 bar, giving a flow per hour > .60 m.
Prodcom 28132670 - Reciprocating displacement compressors having a gauge pressure capacity > .15 bar, giving a flow per hour . .120 m.
Prodcom 28132690 - Reciprocating displacement compressors having a gauge pressure capacity > .15 bar, giving a flow per hour > .120 m.
Prodcom 28132730 - Rotary displacement compressors, single-shaft
Prodcom 28132753 - Multi-shaft screw compressors
Prodcom 28132755 - Multi-shaft compressors (excluding screw compressors)
Prodcom 28132800 - Air/gas compressors excluding air/vacuum pumps used in refrigeration, air compressors mounted on wheeled chassis, t urbo compressors, reciprocating and rotary displacement compressors

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