Report Update Apr 1, 2024

Puerto Rico - Aluminium Foil - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Aluminium Foil Market 2024

Aluminium Foil Market Size in Puerto Rico

The Puerto Rican aluminium foil market shrank slightly to $X in 2021, stabilizing at the previous year. The market value increased at an average annual rate of +3.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Puerto Rico consumption peaked at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Aluminium Foil Production in Puerto Rico

In value terms, aluminium foil production reduced modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of 55% against the previous year. Puerto Rico production peaked at $X in 2016; however, from 2017 to 2021, production failed to regain momentum.

Aluminium Foil Exports

Exports by Country

China was the key exporter of aluminium foil in the world, with the volume of exports amounting to X tons, which was near 41% of total exports in 2021. Germany (X tons) ranks second in terms of the total exports with a 9% share, followed by Italy (4.5%). Turkey (X tons), the United States (X tons), Thailand (X tons), Greece (X tons), Japan (X tons), South Korea (X tons), Belgium (X tons), France (X tons), Spain (X tons) and Austria (X tons) followed a long way behind the leaders.

Exports from China increased at an average annual rate of +8.3% from 2012 to 2021. At the same time, Thailand (+32.0%), Turkey (+8.5%), Japan (+7.6%), Greece (+7.3%), Belgium (+4.2%) and Italy (+2.2%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in the world, with a CAGR of +32.0% from 2012-2021. South Korea, the United States, France and Germany experienced a relatively flat trend pattern. By contrast, Spain (-9.2%) and Austria (-38.1%) illustrated a downward trend over the same period. China (+13 p.p.) and Thailand (+2.9 p.p.) significantly strengthened its position in terms of the global exports, while the United States, Spain, Austria and Germany saw its share reduced by -1.7%, -2.9%, -3.1% and -4.6% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest aluminium foil supplier from Puerto Rico, comprising 34% of global exports. The second position in the ranking was taken by Germany ($X), with an 11% share of global exports. It was followed by Japan, with a 6% share.

In China, aluminium foil exports expanded at an average annual rate of +8.1% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (-0.8% per year) and Japan (+3.3% per year).

Aluminium Foil Imports

Imports by Country

The United States (X tons), Mexico (X tons), Germany (X tons), India (X tons), Thailand (X tons), France (X tons), Italy (X tons), Poland (X tons), the UK (X tons), China (X tons), South Korea (X tons) and the United Arab Emirates (X tons) represented roughly 55% of total imports in 2021. Japan (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by South Korea (with a CAGR of +11.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest aluminium foil importing markets into Puerto Rico were the United States ($X), China ($X) and Germany ($X), with a combined 23% share of total imports. These countries were followed by India, Thailand, Mexico, Poland, Italy, France, Japan, South Korea, the UK and the United Arab Emirates, which together accounted for a further 34%.

Among the main importing countries, Japan, with a CAGR of +10.0%, recorded the highest growth rate of 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) :

What are the largest markets for aluminium foil in the world?

China constituted the country with the largest volume of aluminium foil consumption, accounting for 24% of total volume. Moreover, aluminium foil consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. Germany ranked third in terms of total consumption with a 7.3% share.

What are the largest producers of aluminium foil in the world?

The country with the largest volume of aluminium foil production was China, comprising approx. 38% of total volume. Moreover, aluminium foil production in China exceeded the figures recorded by the second-largest producer, Germany, fourfold. India ranked third in terms of total production with a 6.7% share.

What are the leading suppliers of aluminium foil to Puerto Rico?

In value terms, the United States, China and Germany constituted the countries with the highest levels of imports in 2021, with a combined 23% share of total imports. India, Thailand, Mexico, Poland, Italy, France, Japan, South Korea, the UK and the United Arab Emirates lagged somewhat behind, together accounting for a further 34%.

What are the leading importers of aluminium foil from Puerto Rico?

In value terms, China remains the largest aluminium foil supplier from Puerto Rico, comprising 34% of global exports. The second position in the ranking was held by Germany, with an 11% share of global exports. It was followed by Japan, with a 6% share.

This report provides an in-depth analysis of the aluminium foil 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 24422500 - Aluminium foil of a thickness (excluding any backing) . 0,2 mm

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