Report Update Apr 1, 2024

Puerto Rico - Aluminium Tube or Pipe Fittings - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Aluminium Pipe Fittings Market 2024

Aluminium Pipe Fittings Market Size in Puerto Rico

The Puerto Rican aluminium pipe fittings market expanded markedly to $X in 2021, increasing by 9.1% against the previous year. Overall, the total consumption indicated a modest expansion from 2012 to 2021: its value increased at an average annual rate of +1.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -7.7% against 2019 indices. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Aluminium Pipe Fittings Production in Puerto Rico

In value terms, aluminium pipe fittings production expanded significantly to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the production volume increased by 54% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

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Aluminium Pipe Fittings Exports

Exports by Country

China represented the largest exporting country with an export of about X tons, which finished at 38% of total exports. The United States (X tons) held a 9.8% share (based on physical terms) of total exports, which put it in second place, followed by Italy (8.2%), Turkey (5.8%), India (4.7%) and Germany (4.5%). The following exporters - Spain (X tons), South Korea (X tons), the Netherlands (X tons), Taiwan (Chinese) (X tons), the Czech Republic (X tons) and Mexico (X tons) - together made up 13% of total exports.

Exports from China increased at an average annual rate of +8.7% from 2012 to 2021. At the same time, Turkey (+19.7%), Italy (+13.4%), the Czech Republic (+11.2%), India (+9.9%), Germany (+9.2%), South Korea (+6.2%), the Netherlands (+5.6%) and Spain (+4.4%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing exporter exported in the world, with a CAGR of +19.7% from 2012-2021. Taiwan (Chinese) experienced a relatively flat trend pattern. By contrast, the United States (-1.0%) and Mexico (-8.6%) illustrated a downward trend over the same period. From 2012 to 2021, the share of China, Italy, Turkey and India increased by +10, +4.1, +4 and +1.6 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest aluminium pipe fittings supplier from Puerto Rico, comprising 31% of global exports. The second position in the ranking was taken by the United States ($X), with a 13% share of global exports. It was followed by Germany, with a 9.8% share.

In China, aluminium pipe fittings exports increased at an average annual rate of +14.5% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: the United States (+0.7% per year) and Germany (+8.0% per year).

Aluminium Pipe Fittings Imports

Imports by Country

In 2021, the United States (X tons) and Mexico (X tons) represented the key importers of aluminium tube or pipe fittingsin the world, together finishing at approx. 23% of total imports. It was followed by Germany (X tons) and Canada (X tons), together making up a 10% share of total imports. The Netherlands (X tons), the Czech Republic (X tons), the UK (X tons), France (X tons), Austria (X tons), Belgium (X tons), Poland (X tons), Romania (X tons) and Indonesia (X tons) took a little share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Poland (with a CAGR of +9.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X), the United States ($X) and Germany ($X) constituted the countries with the highest levels of imports in 2021, together comprising 27% of total imports. These countries were followed by Canada, the UK, the Czech Republic, the Netherlands, France, Romania, Indonesia, Poland, Austria and Belgium, which together accounted for a further 34%.

In terms of the main importing countries, Romania, with a CAGR of +10.4%, 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) :

What are the largest markets for aluminium tube or pipe fittings in the world?

Finland remains the largest aluminium pipe fittings consuming country worldwide, comprising approx. 79% of total volume. Moreover, aluminium pipe fittings consumption in Finland exceeded the figures recorded by the second-largest consumer, China, more than tenfold. The United States ranked third in terms of total consumption with a 2.6% share.

What are the largest producers of aluminium tube or pipe fittings in the world?

The country with the largest volume of aluminium pipe fittings production was Finland, comprising approx. 79% of total volume. Moreover, aluminium pipe fittings production in Finland exceeded the figures recorded by the second-largest producer, China, more than tenfold. The United States ranked third in terms of total production with a 2.5% share.

What are the leading suppliers of aluminium tube or pipe fittings to Puerto Rico?

In value terms, the largest aluminium pipe fittings importing markets into Puerto Rico were Mexico, the United States and Germany, with a combined 27% share of total imports. These countries were followed by Canada, the UK, the Czech Republic, the Netherlands, France, Romania, Indonesia, Poland, Austria and Belgium, which together accounted for a further 34%.

What are the leading importers of aluminium tube or pipe fittings from Puerto Rico?

In value terms, China remains the largest aluminium pipe fittings supplier from Puerto Rico, comprising 31% of global exports. The second position in the ranking was held by the United States, with a 13% share of global exports. It was followed by Germany, with a 9.8% share.

This report provides an in-depth analysis of the aluminium pipe fittings 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 24422670 - Aluminium tube or pipe fittings (including couplings, elbows and sleeves) (excluding fittings with taps, cocks and valves, t ube supports, bolts and nuts, clamps)

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