Puerto Rico: Market for Laptops and Palm-Top Computers 2024

Market Size for Laptops and Palm-Top Computers in Puerto Rico

The Puerto Rican laptop and tablet computer market was estimated at $X in 2021, increasing by 3.6% against the previous year. Overall, consumption, however, showed a drastic downturn. Puerto Rico consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Laptops and Palm-Top Computers in Puerto Rico

In value terms, laptop and tablet computer production rose to $X in 2021 estimated in export price. In general, production, however, continues to indicate a abrupt contraction. The growth pace was the most rapid in 2018 when the production volume increased by 20% against the previous year. Puerto Rico production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Laptops and Palm-Top Computers

Exports from Puerto Rico

Laptop and tablet computer exports from Puerto Rico was estimated at less than X units in 2021, flattening at 2020 figures. Over the period under review, exports recorded a relatively flat trend pattern.

In value terms, laptop and tablet computer exports stood at less than $X in 2021. In general, exports continue to indicate a relatively flat trend pattern.

Exports by Country

In 2021, China (X units) represented the key exporter of laptops and palm-top computers, generating 63% of total exports. It was distantly followed by the Netherlands (X units), committing a 17% share of total exports. The United States (X units), Germany (X units), Hong Kong SAR (X units) and Vietnam (X units) followed a long way behind the leaders.

China experienced a relatively flat trend pattern with regard to volume of exports of laptops and palm-top computers. At the same time, Vietnam (+12.7%), the Netherlands (+10.6%), Hong Kong SAR (+3.6%) and Germany (+2.8%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in the world, with a CAGR of +12.7% from 2012-2021. The United States experienced a relatively flat trend pattern. While the share of the Netherlands (+8.9 p.p.) increased significantly in terms of the global exports from 2012-2021, the share of China (-5.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest laptop and tablet computer supplier from Puerto Rico, comprising 66% of global exports. The second position in the ranking was held by the Netherlands ($X), with a 10% share of global exports. It was followed by Germany, with a 3.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value in China stood at +2.2%. In the other countries, the average annual rates were as follows: the Netherlands (+15.8% per year) and Germany (+6.7% per year).

Export Prices by Country

The export price in Puerto Rico stood at less than $X per thousand units in 2021, leveling off at the previous year. Over the period under review, the export price continues to indicate 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 Hong Kong SAR ($X per thousand units), while the Netherlands ($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 (+4.7%), while the other leaders experienced more modest paces of growth.

Imports of Laptops and Palm-Top Computers

Imports into Puerto Rico

Laptop and tablet computer imports into Puerto Rico totaled less than X units in 2021, leveling off at 2020. Over the period under review, imports saw a relatively flat trend pattern.

In value terms, laptop and tablet computer imports totaled less than $X in 2021. In general, imports showed a relatively flat trend pattern.

Imports by Country

In 2021, the United States (X units), distantly followed by the Netherlands (X units) and Germany (X units) were the major importers of laptops and palm-top computers, together achieving 50% of total imports. The following importers - Japan (X units), the UK (X units), Hong Kong SAR (X units), France (X units), India (X units), Canada (X units), the United Arab Emirates (X units), Australia (X units), South Korea (X units) and Russia (X units) - together made up 25% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by the Netherlands (with a CAGR of +14.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constitutes the largest market for imported laptops and palm-top computers into Puerto Rico, comprising 26% of global imports. The second position in the ranking was taken by the Netherlands ($X), with a 10% share of global imports. It was followed by Germany, with a 7.7% share.

From 2012 to 2021, the average annual growth rate of value in the United States amounted to +3.4%. In the other countries, the average annual rates were as follows: the Netherlands (+12.0% per year) and Germany (+8.1% per year).

Import Prices by Country

The import price in Puerto Rico stood at less than $X per thousand units in 2021, approximately equating 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 Germany ($X per thousand units), while the Netherlands ($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 South Korea (+4.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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