Report Update Apr 1, 2024

Puerto Rico - Railway Material of Steel - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Steel Railway Material Market 2022

Steel Railway Material Market Size in Puerto Rico

The Puerto Rican steel railway material market shrank to $X in 2021, declining by -14.2% against the previous year. In general, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Steel Railway Material Production in Puerto Rico

In value terms, steel railway material production shrank sharply to $X in 2021 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume increased by 47% against the previous year. Puerto Rico production peaked at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Steel Railway Material Exports

Exports by Country

In 2021, Austria (X tons), China (X tons), Japan (X tons), Poland (X tons), Spain (X tons), the Czech Republic (X tons), Russia (X tons), the United States (X tons) and Bahrain (X tons) represented the largest exporter of railway material of steel in the world, generating 81% of total export. The following exporters - Italy (X tons) and Germany (X tons) - each recorded a 4.5% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Bahrain (with a CAGR of +20.3%), while the other leaders experienced more modest paces of growth.

In value terms, Austria ($X), China ($X) and Japan ($X) appeared to be the countries with the highest levels of exports in 2021, together comprising 35% of total exports. These countries were followed by the United States, Poland, Spain, Germany, the Czech Republic, Russia, Bahrain and Italy, which together accounted for a further 40%.

Among the main exporting countries, Bahrain, with a CAGR of +18.8%, saw the highest rates of growth with regard to 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

In 2021, the export price in Puerto Rico amounted to less than $X per ton, approximately mirroring the previous year. In general, the export price continues to indicate a relatively flat trend pattern.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per ton), while Bahrain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+3.6%), while the other leaders experienced more modest paces of growth.

Steel Railway Material Imports

Imports by Country

In 2021, Germany (X tons), Iran (X tons), Canada (X tons), Brazil (X tons), France (X tons) and Italy (X tons) was the main importer of railway material of steel in the world, making up 42% of total import. The United States (X tons), Mexico (X tons), India (X tons), Belgium (X tons), Poland (X tons), the United Arab Emirates (X tons) and Sweden (X tons) held a little share of total imports.

From 2012 to 2021, the biggest increases were in Italy (with a CAGR of +26.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest steel railway material importing markets into Puerto Rico were Germany ($X), Canada ($X) and Italy ($X), with a combined 22% share of total imports.

Italy, with a CAGR of +18.7%, recorded the highest rates of growth with regard to the value of imports, among 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

The import price in Puerto Rico stood at less than $X per ton in 2021, remaining stable against the previous year. Overall, the import price recorded a relatively flat trend pattern.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Sweden ($X per ton), while France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+1.4%), while the other leaders experienced mixed trends in the import price figures.

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Frequently Asked Questions (FAQ) :

What are the largest markets for railway material of steel in the world?

China constituted the country with the largest volume of steel railway material consumption, accounting for 28% of total volume. Moreover, steel railway material consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The third position in this ranking was held by the United States, with a 7.8% share.

What are the largest producers of railway material of steel in the world?

China constituted the country with the largest volume of steel railway material production, accounting for 30% of total volume. Moreover, steel railway material 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 an 8.4% share.

What are the leading suppliers of railway material of steel to Puerto Rico?

In value terms, Germany, Canada and Italy appeared to be the countries with the highest levels of imports in 2021, with a combined 22% share of total imports.

What are the leading importers of railway material of steel from Puerto Rico?

In value terms, the largest steel railway material supplying countries from Puerto Rico were Austria, China and Japan, with a combined 35% share of total exports. The United States, Poland, Spain, Germany, the Czech Republic, Russia, Bahrain and Italy lagged somewhat behind, together comprising a further 40%.

What is the average export price for railway material of steel in Puerto Rico?

The export price in Puerto Rico stood at less than $0.1 per ton in 2021, standing approx. at the previous year.

What is the average import price for railway material of steel in Puerto Rico?

In 2021, the import price in Puerto Rico amounted to less than $0.1 per ton, standing approx. at the previous year.

This report provides an in-depth analysis of the steel railway material 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 24107500 - Railway material (of steel)
Prodcom 2410T252 - Railway material

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