Report Update Apr 1, 2024

Puerto Rico - Hay-Making Machinery - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Hay-Making Machinery Market 2024

Hay-Making Machinery Market Size in Puerto Rico

In 2021, the Puerto Rican hay-making machinery market increased by 15% to $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption, however, continues to indicate a abrupt decline. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Hay-Making Machinery Production in Puerto Rico

In value terms, hay-making machinery production soared to $X in 2021 estimated in export price. In general, production, however, saw a deep setback. The most prominent rate of growth was recorded in 2013 with an increase of 20% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

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Hay-Making Machinery Exports

Exports from Puerto Rico

In 2021, approx. less than X units of hay-making machinery were exported from Puerto Rico; stabilizing at the previous year. Overall, exports showed a relatively flat trend pattern.

In value terms, hay-making machinery exports stood at less than $X in 2021. In general, exports continue to indicate a relatively flat trend pattern.

Exports by Country

In 2021, Germany (X units), distantly followed by France (X units), Italy (X units), Austria (X units), the Czech Republic (X units) and Poland (X units) were the key exporters of hay-making machinery, together comprising 75% of total exports. China (X units), Denmark (X units), the United States (X units), Slovenia (X units) and the Netherlands (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +32.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest hay-making machinery supplying countries from Puerto Rico were Germany ($X), France ($X) and Austria ($X), together comprising 55% of total exports. These countries were followed by Italy, the Czech Republic, the United States, Denmark, Poland, Slovenia, China and the Netherlands, which together accounted for a further 38%.

China, with a CAGR of +20.0%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in Puerto Rico amounted to less than $X per thousand units, remaining relatively unchanged against the previous year. In general, the export price saw 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 the United States ($X per thousand units), while China ($X per thousand units) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+7.5%), while the other leaders experienced more modest paces of growth.

Hay-Making Machinery Imports

Imports into Puerto Rico

In 2021, imports of hay-making machinery into Puerto Rico was estimated at less than X units, flattening at 2020 figures. In general, imports saw a relatively flat trend pattern.

In value terms, hay-making machinery imports stood at less than $X in 2021. Over the period under review, imports saw a relatively flat trend pattern.

Imports by Country

In 2021, the United States (X units), distantly followed by Germany (X units), France (X units), Canada (X units), Russia (X units) and the UK (X units) represented the main importers of hay-making machinery, together achieving 57% of total imports. Switzerland (X units), Australia (X units), Poland (X units), Italy (X units), Austria (X units), the Netherlands (X units) and Denmark (X units) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Australia (with a CAGR of +18.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest hay-making machinery importing markets into Puerto Rico were the United States ($X), Germany ($X) and France ($X), with a combined 38% share of total imports. These countries were followed by the UK, Canada, Switzerland, Italy, Austria, Australia, Poland, the Netherlands, Denmark and Russia, which together accounted for a further 39%.

Australia, with a CAGR of +18.2%, recorded the highest rates of growth with regard to 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.

Import Prices by Country

In 2021, the import price in Puerto Rico amounted to less than $X per thousand units, approximately reflecting the previous year. Over the period under review, the import price recorded a relatively flat trend pattern.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the UK ($X per thousand units), while Russia ($X per thousand units) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+3.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for hay-making machinery in the world?

The countries with the highest volumes of consumption in 2021 were China, the United States and India, with a combined 41% share of global consumption. Indonesia, Pakistan, Nigeria, Brazil, Bangladesh, Ethiopia, France, Poland and Germany lagged somewhat behind, together comprising a further 23%.

What are the largest producers of hay-making machinery in the world?

The countries with the highest volumes of production in 2021 were China, the United States and India, together accounting for 39% of global production. Indonesia, Pakistan, Germany, Nigeria, Brazil, France, Bangladesh, Italy, the Czech Republic and Poland lagged somewhat behind, together accounting for a further 28%.

What are the leading suppliers of hay-making machinery to Puerto Rico?

In value terms, the United States, Germany and France constituted the countries with the highest levels of imports in 2021, together comprising 38% of total imports. The UK, Canada, Switzerland, Italy, Austria, Australia, Poland, the Netherlands, Denmark and Russia lagged somewhat behind, together accounting for a further 39%.

What are the leading importers of hay-making machinery from Puerto Rico?

In value terms, the largest hay-making machinery supplying countries from Puerto Rico were Germany, France and Austria, together accounting for 55% of total exports. These countries were followed by Italy, the Czech Republic, the United States, Denmark, Poland, Slovenia, China and the Netherlands, which together accounted for a further 38%.

What is the average export price for hay-making machinery in Puerto Rico?

The export price in Puerto Rico stood at less than $0.1 per thousand units in 2021, therefore, remained relatively stable against the previous year.

What is the average import price for hay-making machinery in Puerto Rico?

In 2021, the import price in Puerto Rico amounted to less than $0.1 per thousand units, flattening at the previous year.

This report provides an in-depth analysis of the hay-making machinery 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 28305200 - Hay-making machinery

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