Puerto Rico: Intake Air Filter Market 2024

Intake Air Filter Market Size in Puerto Rico

In 2021, the Puerto Rican intake air filter market was finally on the rise to reach $X after five years of decline. Overall, consumption, however, recorded a deep setback. Puerto Rico consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Intake Air Filter Production in Puerto Rico

In value terms, intake air filter production rose to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a deep setback. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Intake Air Filter Exports

Exports from Puerto Rico

In 2021, approx. less than X units of intake air filters for internal combustion engines were exported from Puerto Rico; standing approx. at the previous year's figure. In general, exports recorded a relatively flat trend pattern.

In value terms, intake air filter exports amounted to less than $X in 2021. Overall, exports saw a relatively flat trend pattern.

Exports by Country

China dominates exports structure, finishing at X units, which was approx. 53% of total exports in 2021. The United States (X units) took the second position in the ranking, followed by Germany (X units). All these countries together held near 12% share of total exports. South Korea (X units), India (X units), Poland (X units), Mexico (X units), Belgium (X units), the Czech Republic (X units), France (X units) and the UK (X units) took a relatively small share of total exports.

Exports from China increased at an average annual rate of +13.2% from 2012 to 2021. At the same time, India (+30.0%), the Czech Republic (+15.4%), Poland (+10.9%), South Korea (+4.2%), Germany (+2.6%) and Mexico (+2.0%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in the world, with a CAGR of +30.0% from 2012-2021. The United States experienced a relatively flat trend pattern. By contrast, the UK (-2.9%), Belgium (-4.0%) and France (-7.1%) illustrated a downward trend over the same period. While the share of China (+23 p.p.) and India (+2.9 p.p.) increased significantly in terms of the global exports from 2012-2021, the share of the UK (-1.9 p.p.), Germany (-2.1 p.p.), France (-3.1 p.p.), Belgium (-3.8 p.p.) and the United States (-5.6 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X), Germany ($X) and China ($X) were the countries with the highest levels of exports in 2021, with a combined 41% share of total exports. These countries were followed by Belgium, Mexico, South Korea, Poland, the Czech Republic, France, the UK and India, which together accounted for a further 35%.

Among the main exporting countries, the Czech Republic, with a CAGR of +19.6%, saw 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 thousand units in 2021, standing approx. at the previous year. Overall, 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 Belgium ($X per thousand units), while India ($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 Belgium (+6.7%), while the other leaders experienced more modest paces of growth.

Intake Air Filter Imports

Imports into Puerto Rico

In 2021, the amount of intake air filters for internal combustion engines imported into Puerto Rico was estimated at less than X units, remaining stable against the previous year's figure. Overall, imports continue to indicate a relatively flat trend pattern.

In value terms, intake air filter imports amounted to less than $X in 2021. In general, imports saw a relatively flat trend pattern.

Imports by Country

Mayotte prevails in imports structure, finishing at X units, which was approx. 61% of total imports in 2021. It was distantly followed by the United States (X units), mixing up a 9.2% share of total imports. The following importers - Russia (X units), Thailand (X units), Belgium (X units) and Canada (X units) - together made up 6.3% of total imports.

Imports into Mayotte increased at an average annual rate of +25.2% from 2012 to 2021. At the same time, Thailand (+28.0%), the United States (+16.3%) and Belgium (+1.4%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing importer imported in the world, with a CAGR of +28.0% from 2012-2021. Canada and Russia experienced a relatively flat trend pattern. From 2012 to 2021, the share of Mayotte and the United States increased by +35 and +1.5 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported intake air filters for internal combustion engines into Puerto Rico, comprising 13% of global imports. The second position in the ranking was held by Belgium ($X), with a 5.4% share of global imports. It was followed by Canada, with a 5.3% share.

In the United States, intake air filter imports expanded at an average annual rate of +3.4% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Belgium (+0.8% per year) and Canada (+1.7% per year).

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. Over the period under review, 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 ($X per thousand units), while Mayotte ($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 Canada (+1.1%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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