Report Update May 1, 2024

Puerto Rico - Iron or Steel Rivets - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Metal Rivet Market 2024

Metal Rivet Market Size in Puerto Rico

In 2021, the Puerto Rican metal rivet market was finally on the rise to reach $X after two years of decline. Overall, the total consumption indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +7.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -22.8% against 2018 indices. Puerto Rico consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Metal Rivet Production in Puerto Rico

In value terms, metal rivet production rose notably to $X in 2021 estimated in export price. In general, the total production indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +7.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -21.1% against 2018 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by 75% against the previous year. Puerto Rico production peaked at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Metal Rivet Exports

Exports by Country

In 2021, China (X tons), distantly followed by Germany (X tons), Taiwan (Chinese) (X tons), the United States (X tons) and South Korea (X tons) were the major exporters of iron or steel rivets, together committing 67% of total exports. Italy (X tons), the Netherlands (X tons), Switzerland (X tons), Japan (X tons), Slovenia (X tons) and Austria (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were in the Netherlands (with a CAGR of +10.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), China ($X) and the United States ($X) constituted the countries with the highest levels of exports in 2021, together accounting for 51% of total exports. Taiwan (Chinese), Japan, Switzerland, the Netherlands, Italy, South Korea, Austria and Slovenia lagged somewhat behind, together comprising a further 30%.

In terms of the main exporting countries, the Netherlands, with a CAGR of +16.8%, 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.

Metal Rivet Imports

Imports by Country

In 2021, Canada (X tons), distantly followed by the United States (X tons), Germany (X tons) and Mexico (X tons) represented the major importers of iron or steel rivets, together achieving 46% of total imports. Spain (X tons), Austria (X tons), Poland (X tons), China (X tons), India (X tons), Vietnam (X tons), the Philippines (X tons), Thailand (X tons) and the Czech Republic (X tons) followed a long way behind the leaders.

Imports into Canada increased at an average annual rate of +6.4% from 2012 to 2021. At the same time, the Philippines (+25.3%), Vietnam (+21.4%), Spain (+20.1%), Austria (+5.3%), Germany (+4.4%), Poland (+3.5%), Thailand (+2.3%) and the United States (+2.0%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing importer imported in the world, with a CAGR of +25.3% from 2012-2021. India and the Czech Republic experienced a relatively flat trend pattern. By contrast, China (-3.0%) and Mexico (-7.9%) illustrated a downward trend over the same period. Canada (+7.1 p.p.), Spain (+3.2 p.p.), the Philippines (+1.9 p.p.), Germany (+1.8 p.p.) and Vietnam (+1.8 p.p.) significantly strengthened its position in terms of the global imports, while China and Mexico saw its share reduced by -1.5% and -11.1% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X), the United States ($X) and China ($X) constituted the countries with the highest levels of imports in 2021, together accounting for 32% of total imports. Germany, Austria, Poland, Thailand, the Czech Republic, Canada, India, Vietnam, Spain and the Philippines lagged somewhat behind, together accounting for a further 33%.

In terms of the main importing countries, the Philippines, with a CAGR of +19.8%, 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.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for iron or steel rivets in the world?

The countries with the highest volumes of consumption in 2021 were China, the United States and India, with a combined 42% share of global consumption. Canada, Germany, Japan, Brazil, Russia, Mexico, Turkey and Spain lagged somewhat behind, together comprising a further 34%.

What are the largest producers of iron or steel rivets in the world?

The countries with the highest volumes of production in 2021 were China, the United States and India, with a combined 51% share of global production. These countries were followed by Germany, Japan, Russia, Brazil, South Korea, Turkey, Taiwan Chinese) and Italy, which together accounted for a further 32%.

What are the leading suppliers of iron or steel rivets to Puerto Rico?

In value terms, Mexico, the United States and China constituted the countries with the highest levels of imports in 2021, with a combined 32% share of total imports. These countries were followed by Germany, Austria, Poland, Thailand, the Czech Republic, Canada, India, Vietnam, Spain and the Philippines, which together accounted for a further 33%.

What are the leading importers of iron or steel rivets from Puerto Rico?

In value terms, Germany, China and the United States constituted the countries with the highest levels of exports in 2021, together accounting for 51% of total exports. Taiwan Chinese), Japan, Switzerland, the Netherlands, Italy, South Korea, Austria and Slovenia lagged somewhat behind, together accounting for a further 30%.

This report provides an in-depth analysis of the metal rivet 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 25941250 - Iron or steel rivets (including partly hollow rivets) (excluding tubular or bifurcated rivets for all purposes)

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