Report Update May 1, 2024

Puerto Rico - Castors With Mountings of Base Metal - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Metal Castor Mounting Market 2024

Metal Castor Mounting Market Size in Puerto Rico

The Puerto Rican metal castor mounting market dropped remarkably to $X in 2021, waning by -15.7% against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Metal Castor Mounting Production in Puerto Rico

In value terms, metal castor mounting production contracted significantly to $X in 2021 estimated in export price. Overall, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the production volume increased by 53% against the previous year. Over the period under review, production attained the maximum level at $X in 2015; however, from 2016 to 2021, production failed to regain momentum.

Metal Castor Mounting Exports

Exports by Country

China dominates exports structure, amounting to X tons, which was near 65% of total exports in 2021. It was distantly followed by Taiwan (Chinese) (X tons), generating a 6.9% share of total exports. Germany (X tons), Italy (X tons), the Czech Republic (X tons), the UK (X tons), the United States (X tons), Turkey (X tons), Malaysia (X tons) and Ireland (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to metal castor mounting exports from China stood at +7.9%. At the same time, the Czech Republic (+22.7%), Turkey (+14.4%), the UK (+13.7%), Italy (+5.9%), Taiwan (Chinese) (+4.0%), Germany (+2.2%) and Ireland (+2.0%) displayed positive paces of growth. Moreover, the Czech Republic emerged as the fastest-growing exporter exported in the world, with a CAGR of +22.7% from 2012-2021. By contrast, the United States (-1.4%) and Malaysia (-15.5%) illustrated a downward trend over the same period. From 2012 to 2021, the share of China increased by +9 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest metal castor mounting supplier from Puerto Rico, comprising 51% of global exports. The second position in the ranking was held by Germany ($X), with an 11% share of global exports. It was followed by Taiwan (Chinese), with a 6.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value in China stood at +12.2%. In the other countries, the average annual rates were as follows: Germany (+4.1% per year) and Taiwan (Chinese) (+5.3% per year).

Metal Castor Mounting Imports

Imports by Country

In 2021, the United States (X tons), distantly followed by Germany (X tons) represented the largest importers of castors with mountings of base metal, together comprising 20% of total imports. Indonesia (X tons), the UK (X tons), Mexico (X tons), Russia (X tons), Vietnam (X tons), Thailand (X tons), Poland (X tons), France (X tons), South Korea (X tons), Spain (X tons) and Japan (X tons) took a minor share of total imports.

From 2012 to 2021, average annual rates of growth with regard to metal castor mounting imports into the United States stood at +2.9%. At the same time, Poland (+17.8%), Spain (+14.3%), Vietnam (+12.9%), Thailand (+12.7%), Russia (+7.6%), Mexico (+6.5%), Indonesia (+5.6%), France (+2.8%), South Korea (+2.0%), Japan (+1.6%) and Germany (+1.1%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing importer imported in the world, with a CAGR of +17.8% from 2012-2021. The UK experienced a relatively flat trend pattern. Poland (+1.7 p.p.) significantly strengthened its position in terms of the global imports, while Germany and the United States saw its share reduced by -2.2% and -2.4% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X), Germany ($X) and Vietnam ($X) appeared to be the countries with the highest levels of imports in 2021, with a combined 24% share of total imports. The UK, Mexico, Japan, Spain, France, Poland, Thailand, Indonesia, South Korea and Russia lagged somewhat behind, together comprising a further 27%.

Poland, with a CAGR of +18.2%, saw the highest growth rate of 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.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for castors with mountings of base metal in the world?

China constituted the country with the largest volume of metal castor mounting consumption, comprising approx. 24% of total volume. Moreover, metal castor mounting consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. Germany ranked third in terms of total consumption with an 11% share.

What are the largest producers of castors with mountings of base metal in the world?

China remains the largest metal castor mounting producing country worldwide, accounting for 43% of total volume. Moreover, metal castor mounting production in China exceeded the figures recorded by the second-largest producer, India, fourfold. The third position in this ranking was taken by Germany, with a 10% share.

What are the leading suppliers of castors with mountings of base metal to Puerto Rico?

In value terms, the largest metal castor mounting importing markets into Puerto Rico were the United States, Germany and Vietnam, together comprising 24% of total imports. These countries were followed by the UK, Mexico, Japan, Spain, France, Poland, Thailand, Indonesia, South Korea and Russia, which together accounted for a further 27%.

What are the leading importers of castors with mountings of base metal from Puerto Rico?

In value terms, China remains the largest metal castor mounting supplier from Puerto Rico, comprising 51% of global exports. The second position in the ranking was held by Germany, with an 11% share of global exports. It was followed by Taiwan Chinese), with a 6.5% share.

This report provides an in-depth analysis of the metal castor mounting 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 25721420 - Castors with mountings of base metal

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