Report Update Apr 1, 2024

Puerto Rico - Iron or Steel Gas Domestic Appliances - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Metal Gas Appliances Market 2024

Metal Gas Appliances Market Size in Puerto Rico

In 2021, after two years of decline, there was significant growth in the Puerto Rican metal gas appliances market, when its value increased by 8.4% to $X. In general, consumption enjoyed a moderate expansion. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Metal Gas Appliances Production in Puerto Rico

In value terms, metal gas appliances production expanded markedly to $X in 2021 estimated in export price. In general, production posted a pronounced increase. The pace of growth was the most pronounced in 2017 when the production volume increased by 196% against the previous year. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

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Metal Gas Appliances Exports

Exports by Country

In 2021, the Netherlands (X units) and South Africa (less than X units) were the major exporters of iron or steel gas domestic appliancesaround the world, together recording approx. 40% of total exports. China (X units) held the next position in the ranking, followed by Spain (X units). All these countries together held near 27% share of total exports. The following exporters - Poland (X units), Italy (X units), Ireland (X units), Belarus (X units), Germany (X units) and Japan (X units) - together made up 18% of total exports.

From 2012 to 2021, metal gas appliances exports from expanded with a the Netherlands of +46.0%, while South Africa (-44.1%) experienced a dramatic curtailment unchanged over the same period. At the same time, Belarus (+242.6%), Poland (+46.2%), Italy (+18.2%), Spain (+17.3%), China (+4.9%) and Ireland (+4.3%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing exporter exported in the world, with a CAGR of +242.6% from 2012-2021. Germany experienced a relatively flat trend pattern. By contrast, Japan (-19.0%) illustrated a downward trend over the same period. While the share of the Netherlands (+37 p.p.), Spain (+7.3 p.p.), Poland (+4.1 p.p.), Belarus (+3.1 p.p.) and Italy (+2.4 p.p.) increased significantly in terms of the global exports from 2012-2021, the share of Germany (-1.7 p.p.), China (-3.3 p.p.), Japan (-4 p.p.) and South Africa (-44.7 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest metal gas appliances supplier from Puerto Rico, comprising 50% of global exports. The second position in the ranking was held by the Netherlands ($X), with a 7% share of global exports. It was followed by Japan, with a 2.1% share.

From 2012 to 2021, the average annual growth rate of value in China totaled +17.7%. In the other countries, the average annual rates were as follows: the Netherlands (+10.6% per year) and Japan (-4.2% per year).

Metal Gas Appliances Imports

Imports by Country

Germany (X units), the Netherlands (X units), the United States (X units) and South Africa (X units) represented roughly 55% of total imports in 2021. It was distantly followed by Spain (X units), constituting a 7.5% share of total imports. France (X units), Poland (X units), the UK (X units), Ireland (X units), Nigeria (X units), Belarus (X units), Italy (X units) and Portugal (X units) held a relatively small share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Belarus (with a CAGR of +77.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constitutes the largest market for imported iron or steel gas domestic appliances into Puerto Rico, comprising 46% of global imports. The second position in the ranking was held by Germany ($X), with a 6.3% share of global imports. It was followed by the UK, with a 4.3% share.

In the United States, metal gas appliances imports expanded at an average annual rate of +14.7% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+11.3% per year) and the UK (+6.6% per year).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for iron or steel gas domestic appliances in the world?

The countries with the highest volumes of consumption in 2021 were China, the United States and Germany, together comprising 34% of global consumption.

What are the largest producers of iron or steel gas domestic appliances in the world?

China remains the largest metal gas appliances producing country worldwide, comprising approx. 21% of total volume. Moreover, metal gas appliances production in China exceeded the figures recorded by the second-largest producer, India, threefold. The United States ranked third in terms of total production with a 6.1% share.

What are the leading suppliers of iron or steel gas domestic appliances to Puerto Rico?

In value terms, the United States constitutes the largest market for imported iron or steel gas domestic appliances into Puerto Rico, comprising 46% of global imports. The second position in the ranking was taken by Germany, with a 6.3% share of global imports. It was followed by the UK, with a 4.3% share.

What are the leading importers of iron or steel gas domestic appliances from Puerto Rico?

In value terms, China remains the largest metal gas appliances supplier from Puerto Rico, comprising 50% of global exports. The second position in the ranking was held by the Netherlands, with a 7% share of global exports. It was followed by Japan, with a 2.1% share.

This report provides an in-depth analysis of the metal gas appliances 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 27521234 - Iron or steel gas domestic appliances, including heaters, g rates, fires and braziers, for both gas and other fuels radiators (excluding cooking appliances and plate warmers )

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