Puerto Rico: Market for Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders 2024

Market Size for Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders in Puerto Rico

In 2021, after two years of decline, there was growth in the Puerto Rican market for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders, when its value increased by 0.9% to $X. Over the period under review, consumption continues to indicate a prominent expansion. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders in Puerto Rico

In value terms, production of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders shrank to $X in 2021 estimated in export price. Overall, production posted a buoyant expansion. The growth pace was the most rapid in 2016 with an increase of 126% against the previous year. Over the period under review, production of reached the peak level at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Exports of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders

Exports from Puerto Rico

In 2021, the amount of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders exported from Puerto Rico was estimated at less than X kg, approximately reflecting the year before. Overall, exports recorded a relatively flat trend pattern.

In value terms, exports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders stood at less than $X in 2021. In general, exports saw a relatively flat trend pattern.

Exports by Country

In 2021, China (X tons), distantly followed by France (X tons), Japan (X tons), Germany (X tons), the Czech Republic (X tons), Russia (X tons), Belarus (X tons), Hungary (X tons) and Spain (X tons) were the key exporters of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders, together comprising 75% of total exports. Austria (X tons), Thailand (X tons), Denmark (X tons) and Italy (X tons) held a little share of total exports.

From 2012 to 2021, the biggest increases were recorded for Belarus (with a CAGR of +57.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X) remains the largest boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders supplier from Puerto Rico, comprising 27% of global exports. The second position in the ranking was taken by Japan ($X), with an 8% share of global exports. It was followed by Germany, with a 7.1% share.

In China, exports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders expanded at an average annual rate of +3.6% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Japan (+27.3% per year) and Germany (-6.2% per year).

Export Prices by Country

In 2021, the export price in Puerto Rico amounted to less than $X per ton, remaining relatively unchanged against the previous year. Over the period under review, the export price recorded 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 Denmark ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+11.1%), while the other leaders experienced more modest paces of growth.

Imports of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders

Imports into Puerto Rico

In 2021, the amount of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders imported into Puerto Rico amounted to less than X kg, remaining constant against 2020. Over the period under review, imports continue to indicate a relatively flat trend pattern.

In value terms, imports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders totaled less than $X in 2021. In general, imports showed a relatively flat trend pattern.

Imports by Country

The countries with the highest levels of imports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders in 2021 were Spain (X tons), Russia (X tons), Germany (X tons), the UK (X tons), Denmark (X tons), the Netherlands (X tons), France (X tons), Italy (X tons), Slovakia (X tons), Austria (X tons), Poland (X tons) and Switzerland (X tons), together accounting for 57% of total import. Australia (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Slovakia (with a CAGR of +18.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders importing markets into Puerto Rico were Germany ($X), the UK ($X) and Spain ($X), with a combined 21% share of total imports. These countries were followed by the Netherlands, Switzerland, Denmark, Russia, Austria, France, Italy, Australia, Slovakia and Poland, which together accounted for a further 33%.

In terms of the main importing countries, Slovakia, with a CAGR of +12.5%, saw 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.

Import Prices by Country

The import price in Puerto Rico stood at less than $X per ton in 2021, stabilizing at the previous year. Over the period under review, the import price saw a relatively flat trend pattern.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Switzerland ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+6.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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