
Puerto Rico - Propellant Powders - Market Analysis, Forecast, Size, Trends and Insights
Puerto Rico: Propellant Powders Market 2023
Propellant Powders Market Size in Puerto Rico
The Puerto Rican propellant powders market stood at less than $X in 2021, remaining relatively unchanged against 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 showed a relatively flat trend pattern.
Propellant Powders Exports
Exports from Puerto Rico
Propellant powders exports from Puerto Rico stood at less than X kg in 2021, remaining constant against the previous year. Over the period under review, exports showed a relatively flat trend pattern.
In value terms, propellant powders exports amounted to less than $X in 2021. Overall, exports continue to indicate a relatively flat trend pattern.
Exports by Country
The United States (X tons) and Canada (X tons) were the main exporters of propellant powders in 2021, accounting for near 20% and 19% of total exports, respectively. It was distantly followed by Belgium (X tons), France (X tons), Switzerland (X tons), Serbia (X tons) and China (X tons), together making up a 43% share of total exports.
From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +16.5%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, Canada ($X), the United States ($X) and France ($X) were the countries with the highest levels of exports in 2021, with a combined 51% share of total exports. Belgium, Switzerland, Serbia and China lagged somewhat behind, together accounting for a further 28%.
In terms of the main exporting countries, Serbia, with a CAGR of +15.1%, 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.
Export Prices by Country
The export price in Puerto Rico stood at less than $X per ton in 2021, almost unchanged from the previous year. Over the period under review, the export price showed a relatively flat trend pattern.
Average prices varied somewhat amongst the major exporting countries. In 2021, major exporting countries recorded the following prices: in Switzerland ($X per ton) and Canada ($X per ton), while China ($X per ton) and Belgium ($X per ton) were amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Serbia (+2.4%), while the other leaders experienced more modest paces of growth.
Propellant Powders Imports
Imports into Puerto Rico
In 2021, the amount of propellant powders imported into Puerto Rico was estimated at less than X kg, almost unchanged from 2020. Overall, imports recorded a relatively flat trend pattern.
In value terms, propellant powders imports amounted to less than $X in 2021. In general, imports saw a relatively flat trend pattern.
Imports by Country
In 2021, the United States (X tons), distantly followed by Italy (X tons), Algeria (X tons), France (X tons) and Germany (X tons) represented the largest importers of propellant powders, together generating 52% of total imports. South Korea (X tons), the UK (X tons), the Czech Republic (X tons), Japan (X tons), Chile (X tons), Israel (X tons), Turkey (X tons) and Belgium (X tons) followed a long way behind the leaders.
From 2012 to 2021, average annual rates of growth with regard to propellant powders imports into the United States stood at +3.8%. At the same time, Algeria (+62.8%), Chile (+61.8%), France (+7.6%), Japan (+7.0%), South Korea (+6.2%), Italy (+5.7%), Israel (+4.9%), Turkey (+2.6%) and the UK (+2.4%) displayed positive paces of growth. Moreover, Algeria emerged as the fastest-growing importer imported in the world, with a CAGR of +62.8% from 2012-2021. The Czech Republic experienced a relatively flat trend pattern. By contrast, Germany (-4.0%) and Belgium (-9.9%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Algeria, the United States, Chile, Italy and France increased by +8.1, +3.1, +3, +2.9 and +2.2 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the United States ($X) constitutes the largest market for imported propellant powders into Puerto Rico, comprising 26% of global imports. The second position in the ranking was taken by France ($X), with a 9.7% share of global imports. It was followed by Italy, with a 6.7% share.
In the United States, propellant powders imports increased at an average annual rate of +4.1% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: France (+5.8% per year) and Italy (+5.7% per year).
Import Prices by Country
The import price in Puerto Rico stood at less than $X per ton in 2021, standing approx. at the previous year. Overall, the import price recorded a relatively flat trend pattern.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was France ($X per ton), while Algeria ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+18.2%), while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the propellant powders 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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