Puerto Rico: Metal Skid Chain Market 2024

Metal Skid Chain Market Size in Puerto Rico

The Puerto Rican metal skid chain market amounted to less than $X in 2021, approximately mirroring the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded a relatively flat trend pattern.

Metal Skid Chain Exports

Exports from Puerto Rico

In 2021, the amount of iron or steel skid chain exported from Puerto Rico amounted to less than X kg, almost unchanged from 2020. In general, exports showed a relatively flat trend pattern.

In value terms, metal skid chain exports stood at less than $X in 2021. Over the period under review, exports saw a relatively flat trend pattern.

Exports by Country

China was the major exporter of iron or steel skid chain in the world, with the volume of exports amounting to X tons, which was approx. 46% of total exports in 2021. Austria (X tons) took the second position in the ranking, followed by Germany (X tons), Lithuania (X tons), the Czech Republic (X tons) and Norway (X tons). All these countries together took near 35% share of total exports. The following exporters - Slovenia (X tons), Italy (X tons) and Sweden (X tons) - together made up 5% of total exports.

From 2012 to 2021, average annual rates of growth with regard to metal skid chain exports from China stood at -4.4%. At the same time, Slovenia (+10.8%) and the Czech Republic (+7.6%) displayed positive paces of growth. Moreover, Slovenia emerged as the fastest-growing exporter exported in the world, with a CAGR of +10.8% from 2012-2021. Lithuania experienced a relatively flat trend pattern. By contrast, Germany (-1.4%), Austria (-1.8%), Norway (-5.8%), Sweden (-20.8%) and Italy (-22.2%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the Czech Republic, Slovenia, Lithuania and Germany increased by +3.9, +2.6, +2.1 and +1.5 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest metal skid chain supplying countries from Puerto Rico were China ($X), Germany ($X) and Austria ($X), with a combined 53% share of total exports. The Czech Republic, Lithuania, Slovenia, Norway, Italy and Sweden lagged somewhat behind, together comprising a further 22%.

Slovenia, with a CAGR of +11.2%, 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

The export price in Puerto Rico stood at less than $X per ton in 2021, almost unchanged from the previous year. In general, the export price recorded 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 Italy ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+8.5%), while the other leaders experienced more modest paces of growth.

Metal Skid Chain Imports

Imports into Puerto Rico

In 2021, imports of iron or steel skid chain into Puerto Rico was estimated at less than X kg, approximately mirroring 2020. In general, imports continue to indicate a relatively flat trend pattern.

In value terms, metal skid chain imports amounted to less than $X in 2021. Overall, imports saw a relatively flat trend pattern.

Imports by Country

In 2021, the United States (X tons), distantly followed by Italy (X tons), Canada (X tons), Sweden (X tons), France (X tons), Russia (X tons), Norway (X tons) and Lithuania (X tons) were the key importers of iron or steel skid chain, together comprising 61% of total imports. The following importers - Poland (X tons), Germany (X tons), Japan (X tons), Austria (X tons) and Chile (X tons) - each accounted for a 14% share of total imports.

Imports into the United States decreased at an average annual rate of -4.5% from 2012 to 2021. At the same time, Poland (+9.5%), Austria (+8.2%), Russia (+6.8%) and France (+3.7%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing importer imported in the world, with a CAGR of +9.5% from 2012-2021. Canada and Lithuania experienced a relatively flat trend pattern. By contrast, Chile (-3.1%), Sweden (-4.8%), Germany (-5.6%), Norway (-6.0%), Japan (-8.4%) and Italy (-12.1%) illustrated a downward trend over the same period. While the share of Russia (+3.1 p.p.), France (+2.7 p.p.), Poland (+2.1 p.p.), Canada (+1.9 p.p.) and Austria (+1.7 p.p.) increased significantly in terms of the global imports from 2012-2021, the share of Italy (-9.1 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest metal skid chain importing markets into Puerto Rico were the United States ($X), Italy ($X) and France ($X), together comprising 33% of total imports. These countries were followed by Canada, Russia, Austria, Germany, Norway, Poland, Sweden, Chile, Lithuania and Japan, which together accounted for a further 38%.

Austria, with a CAGR of +11.4%, saw the highest rates of growth with regard to the value of imports, in terms of 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 ton, approximately reflecting the previous year. In general, 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 Austria ($X per ton), while Lithuania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+4.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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