Puerto Rico: Ceramic Household Article Market 2024

Ceramic Household Article Market Size in Puerto Rico

In 2021, the Puerto Rican ceramic household article market was finally on the rise to reach $X after two years of decline. In general, consumption recorded a relatively flat trend pattern. Puerto Rico consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Ceramic Household Article Production in Puerto Rico

In value terms, ceramic household article production expanded notably to $X in 2021 estimated in export price. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by 21%. Puerto Rico production peaked at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Ceramic Household Article Exports

Exports from Puerto Rico

In 2021, approx. less than X kg of ceramic household articles and toilet articles were exported from Puerto Rico; remaining constant against 2020. Over the period under review, exports recorded a relatively flat trend pattern.

In value terms, ceramic household article exports amounted to less than $X in 2021. Overall, exports recorded a relatively flat trend pattern.

Exports by Country

China prevails in exports structure, recording X tons, which was approx. 73% of total exports in 2021. Portugal (X tons), the Netherlands (X tons), Turkey (X tons), Germany (X tons), Thailand (X tons) and Romania (X tons) followed a long way behind the leaders.

Exports from China increased at an average annual rate of +3.4% from 2012 to 2021. At the same time, the Netherlands (+11.7%), Portugal (+7.6%) and Turkey (+7.3%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in the world, with a CAGR of +11.7% from 2012-2021. Romania experienced a relatively flat trend pattern. By contrast, Thailand (-1.5%) and Germany (-1.7%) illustrated a downward trend over the same period. While the share of China (+2.1 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest ceramic household article supplier from Puerto Rico, comprising 66% of global exports. The second position in the ranking was held by Germany ($X), with a 4.1% share of global exports. It was followed by Portugal, with a 2.8% share.

In China, ceramic household article exports increased at an average annual rate of +12.7% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (+0.1% per year) and Portugal (+8.0% per year).

Export Prices by Country

In 2021, the export price in Puerto Rico amounted to less than $X per ton, stabilizing at the previous year. In general, the export price showed 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 Germany ($X per ton), while Romania ($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 (+9.1%), while the other leaders experienced more modest paces of growth.

Ceramic Household Article Imports

Imports into Puerto Rico

In 2021, the amount of ceramic household articles and toilet articles imported into Puerto Rico was estimated at less than X kg, remaining stable against 2020 figures. Over the period under review, imports recorded a relatively flat trend pattern.

In value terms, ceramic household article imports totaled less than $X in 2021. In general, imports showed a relatively flat trend pattern.

Imports by Country

The United States represented the largest importing country with an import of about X tons, which accounted for 22% of total imports. It was distantly followed by Germany (X tons) and Italy (X tons), together achieving a 10% share of total imports. The UK (X tons), France (X tons), Russia (X tons), the Netherlands (X tons), Mexico (X tons), Belgium (X tons), Poland (X tons), Spain (X tons), Canada (X tons) and South Africa (X tons) followed a long way behind the leaders.

Imports into the United States increased at an average annual rate of +6.4% from 2012 to 2021. At the same time, Italy (+6.8%), the Netherlands (+6.7%) and Poland (+5.6%) displayed positive paces of growth. Moreover, Italy emerged as the fastest-growing importer imported in the world, with a CAGR of +6.8% from 2012-2021. Belgium, Spain, Mexico, France and Germany experienced a relatively flat trend pattern. By contrast, Russia (-1.9%), South Africa (-2.1%), Canada (-2.4%) and the UK (-2.4%) illustrated a downward trend over the same period. The United States (+8.4 p.p.) and Italy (+2.1 p.p.) significantly strengthened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported ceramic household articles and toilet articles into Puerto Rico, comprising 18% of global imports. The second position in the ranking was taken by Germany ($X), with a 6.9% share of global imports. It was followed by the UK, with a 4.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value in the United States totaled +2.7%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+3.2% per year) and the UK (-1.0% per year).

Import Prices by Country

The import price in Puerto Rico stood at less than $X per ton in 2021, remaining stable against the previous year. In general, the import price continues to indicate 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 Canada ($X per ton), while South Africa ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+6.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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