Report Puerto Rico - Instruments and Apparatus for Measuring or Checking Pressure of Liquids or Gasses - Market Analysis, Forecast, Size, Trends and Insights for 499$

Report Update Apr 1, 2024

Puerto Rico - Instruments and Apparatus for Measuring or Checking Pressure of Liquids or Gasses - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Test And Measurement Market 2024

Test And Measurement Market Size in Puerto Rico

The Puerto Rican test and measurement market stood at $X in 2021, growing by 5.3% against the previous year. Overall, consumption posted a strong expansion. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Test And Measurement Production in Puerto Rico

In value terms, test and measurement production rose modestly to $X in 2021 estimated in export price. In general, production recorded a prominent increase. The pace of growth appeared the most rapid in 2016 with an increase of 41%. Puerto Rico production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Test And Measurement Exports

Exports from Puerto Rico

In 2021, the amount of instruments and apparatus for measuring or checking pressure of liquids or gasses exported from Puerto Rico was estimated at less than X units, standing approx. at the previous year's figure. In general, exports continue to indicate a relatively flat trend pattern.

In value terms, test and measurement exports amounted to less than $X in 2021. Overall, exports saw a relatively flat trend pattern.

Exports by Country

In 2021, China (X units) was the largest exporter of instruments and apparatus for measuring or checking pressure of liquids or gasses, creating 38% of total exports. Germany (X units) held a 20% share (based on physical terms) of total exports, which put it in second place, followed by Mexico (9.8%). Japan (X units), Poland (X units), Hong Kong SAR (X units), Switzerland (X units), Bulgaria (X units), Taiwan (Chinese) (X units), Spain (X units), the UK (X units), the Netherlands (X units) and Malaysia (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Hong Kong SAR (with a CAGR of +33.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest test and measurement supplier from Puerto Rico, comprising 25% of global exports. The second position in the ranking was held by China ($X), with a 12% share of global exports. It was followed by Mexico, with a 5.7% share.

In Germany, test and measurement exports increased at an average annual rate of +4.6% over the period from 2012-2021. In the other countries, the average annual rates were as follows: China (+11.5% per year) and Mexico (+4.3% per year).

Export Prices by Country

The export price in Puerto Rico stood at less than $X per thousand units in 2021, therefore, remained relatively stable against the previous year. Over the period under review, 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 Netherlands ($X per thousand units), while China ($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 Netherlands (+15.0%), while the other leaders experienced more modest paces of growth.

Test And Measurement Imports

Imports into Puerto Rico

In 2021, test and measurement imports into Puerto Rico was estimated at less than X units, remaining constant against the previous year. In general, imports continue to indicate a relatively flat trend pattern.

In value terms, test and measurement imports stood at less than $X in 2021. Over the period under review, imports showed a relatively flat trend pattern.

Imports by Country

China (X units) and the United States (X units) represented roughly 42% of total imports in 2021. Germany (X units) ranks next in terms of the total imports with a 13% share, followed by Mexico (6.9%) and South Korea (4.9%). The UK (X units), Poland (X units), Italy (X units), Turkey (X units), the Czech Republic (X units), Japan (X units), Russia (X units) and Paraguay (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for South Korea (with a CAGR of +25.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest test and measurement importing markets into Puerto Rico were China ($X), the United States ($X) and Germany ($X), with a combined 42% share of total imports. South Korea, Mexico, Italy, the UK, Japan, Poland, Turkey, Russia, the Czech Republic and Paraguay lagged somewhat behind, together accounting for a further 21%.

Among the main importing countries, Turkey, with a CAGR of +12.9%, recorded 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 thousand units in 2021, remaining constant against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Japan ($X per thousand units), while Paraguay ($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 Paraguay (+27.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for instruments and apparatus for measuring or checking pressure of liquids or gasses in the world?

The countries with the highest volumes of consumption in 2021 were China, the United States and Germany, together accounting for 37% of global consumption. These countries were followed by India, Brazil, Japan, Russia, the UK, Mexico, Turkey, Malaysia, South Korea and Thailand, which together accounted for a further 41%.

What are the largest producers of instruments and apparatus for measuring or checking pressure of liquids or gasses in the world?

The country with the largest volume of test and measurement production was China, accounting for 26% of total volume. Moreover, test and measurement production in China exceeded the figures recorded by the second-largest producer, Germany, twofold. India ranked third in terms of total production with an 8.1% share.

What are the leading suppliers of instruments and apparatus for measuring or checking pressure of liquids or gasses to Puerto Rico?

In value terms, the largest test and measurement importing markets into Puerto Rico were China, the United States and Germany, together comprising 42% of total imports. These countries were followed by South Korea, Mexico, Italy, the UK, Japan, Poland, Turkey, Russia, the Czech Republic and Paraguay, which together accounted for a further 21%.

What are the leading importers of instruments and apparatus for measuring or checking pressure of liquids or gasses from Puerto Rico?

In value terms, Germany remains the largest test and measurement supplier from Puerto Rico, comprising 25% of global exports. The second position in the ranking was taken by China, with a 12% share of global exports. It was followed by Mexico, with a 5.7% share.

What is the average export price for instruments and apparatus for measuring or checking pressure of liquids or gasses in Puerto Rico?

In 2021, the export price in Puerto Rico amounted to less than $0.1 per thousand units, approximately reflecting the previous year.

What is the average import price for instruments and apparatus for measuring or checking pressure of liquids or gasses in Puerto Rico?

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

This report provides an in-depth analysis of the test and measurement 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 26515271 - Electronic pressure gauges, sensors, indicators and transmitters
Prodcom 26515274 - Non-electronic spiral or metal diaphragm type pressure gauges
Prodcom 26515279 - Other instruments for measuring or checking pressure: others

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