Puerto Rico: Market for Road-Sweepers, Mobile Workshops and Other Special Purpose Vehicles 2024

Market Size for Road-Sweepers, Mobile Workshops and Other Special Purpose Vehicles in Puerto Rico

The Puerto Rican market for road-sweepers, mobile workshops and other special purpose vehicles expanded significantly to $X in 2021, growing by 6.4% against the previous year. Overall, consumption, however, recorded a slight setback. Puerto Rico consumption peaked at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Production of Road-Sweepers, Mobile Workshops and Other Special Purpose Vehicles in Puerto Rico

In value terms, production of road-sweepers, mobile workshops and other special purpose vehicles stood at $X in 2021 estimated in export price. Overall, production, however, saw a perceptible reduction. The pace of growth was the most pronounced in 2017 when the production volume increased by 36%. Over the period under review, production of hit record highs at $X in 2015; however, from 2016 to 2021, production stood at a somewhat lower figure.

Exports of Road-Sweepers, Mobile Workshops and Other Special Purpose Vehicles

Exports from Puerto Rico

In 2021, the amount of road-sweepers, mobile workshops and other special purpose vehicles exported from Puerto Rico totaled less than X units, approximately mirroring 2020. In general, exports showed a relatively flat trend pattern.

In value terms, exports of road-sweepers, mobile workshops and other special purpose vehicles amounted to less than $X in 2021. Overall, exports saw a relatively flat trend pattern.

Exports by Country

Italy was the main exporter of road-sweepers, mobile workshops and other special purpose vehicles in the world, with the volume of exports resulting at X units, which was approx. 45% of total exports in 2021. It was distantly followed by the United States (X units), Germany (X units) and China (X units), together mixing up a 24% share of total exports. France (X units), Russia (X units), the Netherlands (X units), Ireland (X units), Denmark (X units), Belgium (X units), Spain (X units) and South Korea (X units) followed a long way behind the leaders.

Exports from Italy increased at an average annual rate of +14.0% from 2012 to 2021. At the same time, Ireland (+32.9%), Russia (+9.8%), Belgium (+9.2%), France (+8.3%) and the Netherlands (+2.0%) displayed positive paces of growth. Moreover, Ireland emerged as the fastest-growing exporter exported in the world, with a CAGR of +32.9% from 2012-2021. China experienced a relatively flat trend pattern. By contrast, South Korea (-4.9%), Germany (-5.4%), the United States (-5.7%), Spain (-8.7%) and Denmark (-25.4%) illustrated a downward trend over the same period. Italy (+31 p.p.), France (+2.2 p.p.), Ireland (+1.9 p.p.) and Russia (+1.9 p.p.) significantly strengthened its position in terms of the global exports, while Germany, the United States and Denmark saw its share reduced by -5.2%, -7.2% and -23.6% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest road-sweepers, mobile workshops and other special purpose vehicles supplying countries from Puerto Rico were Germany ($X), the United States ($X) and Italy ($X), together comprising 54% of total exports. These countries were followed by China, Russia, France, the Netherlands, Denmark, Belgium, South Korea, Spain and Ireland, which together accounted for a further 25%.

Ireland, with a CAGR of +13.7%, recorded the highest growth rate of 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

In 2021, the export price in Puerto Rico amounted to less than $X per thousand units, approximately reflecting the previous year. Over the period under review, the export price saw a relatively flat trend pattern.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per thousand units), while Ireland ($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 Denmark (+28.0%), while the other leaders experienced more modest paces of growth.

Imports of Road-Sweepers, Mobile Workshops and Other Special Purpose Vehicles

Imports into Puerto Rico

In 2021, imports of road-sweepers, mobile workshops and other special purpose vehicles into Puerto Rico totaled less than X units, standing approx. at 2020. In general, imports showed a relatively flat trend pattern.

In value terms, imports of road-sweepers, mobile workshops and other special purpose vehicles amounted to less than $X in 2021. Overall, imports continue to indicate a relatively flat trend pattern.

Imports by Country

The countries with the highest levels of imports of road-sweepers, mobile workshops and other special purpose vehicles in 2021 were Qatar (X units), together recording 82% of total import.

Qatar was also the fastest-growing in terms of the road-sweepers, mobile workshops and other special purpose vehicles imports, with a CAGR of -21.0% from 2012 to 2021. From 2012 to 2021, the share of Qatar decreased by -15.1 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Qatar ($X) constitutes the largest market for imported road-sweepers, mobile workshops and other special purpose vehicles into Puerto Rico.

From 2012 to 2021, the average annual rate of growth in terms of value in Qatar amounted to -20.1%.

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. Overall, the import price saw a relatively flat trend pattern.

As there is only one major supplying country, the average price level is determined by prices for Qatar.

From 2012 to 2021, the rate of growth in terms of prices for Qatar amounted to +1.1% per year.

Source: IndexBox Platform

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