Puerto Rico: Glass Fibre Mat Market 2022

Glass Fibre Mat Market Size in Puerto Rico

The Puerto Rican glass fibre mat market was estimated at less than $X in 2020, standing approx. at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a relatively flat trend pattern.

Glass Fibre Mat Exports

Exports by Country

China was the key exporting country with an export of around X tons, which finished at X% of total exports. The United States (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Italy (X%), France (X%), Germany (X%) and Thailand (less than X%). Russia (X tons), Belgium (X tons), the UK (X tons), Canada (X tons), Belarus (X tons), Mexico (X tons) and Poland (X tons) followed a long way behind the leaders.

Exports from China increased at an average annual rate of +X% from 2012 to 2021. At the same time, Thailand (+X%), Belarus (+X%), Mexico (+X%), the UK (+X%), Russia (+X%), France (+X%) and Poland (+X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2012-2021. Italy experienced a relatively flat trend pattern. By contrast, Belgium (-X%), the United States (-X%), Germany (-X%) and Canada (-X%) illustrated a downward trend over the same period. While the share of China (+X p.p.), Thailand (less than X p.p.), Belarus (less than X p.p.), the UK (less than X p.p.) and Mexico (less than X p.p.) increased significantly in terms of the global exports from 2012-2021, the share of Belgium (less than X p.p.), Canada (less than X p.p.), Germany (less than X p.p.) and the United States (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Germany ($X) and the United States ($X) appeared to be the countries with the highest levels of exports in 2021, together accounting for X% of total exports. These countries were followed by Italy, France, Belgium, Thailand, Canada, Mexico, the UK, Poland, Russia and Belarus, which together accounted for a further X terms of the main exporting countries, Thailand, with a CAGR of +X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Puerto Rico stood at less than $X per ton in 2021, leveling off at the previous year. In general, the export price recorded a relatively flat trend pattern.

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

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

Glass Fibre Mat Imports

Imports by Country

In 2021, the United States (X tons), followed by France (X tons), Canada (X tons) and Germany (X tons) were the main importers of glass fibre mats, together constituting X% of total imports. India (X tons), Italy (X tons), Japan (X tons), Spain (X tons), Mexico (X tons), Poland (X tons), the UK (X tons), South Korea (X tons) and Russia (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 India (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), France ($X) and Germany ($X) constituted the countries with the highest levels of imports in 2021, with a combined X% share of total imports. These countries were followed by Canada, Mexico, Italy, the UK, Spain, Poland, Japan, South Korea, India and Russia, which together accounted for a further X, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries 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, remaining relatively unchanged against the previous year. Overall, the import price showed a relatively flat trend pattern.

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

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

Source: IndexBox Market Intelligence Platform

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