Report Update May 1, 2024

Puerto Rico - Table, Kitchen or Household Articles and Parts of Stainless Steel - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Market for Table, Kitchen Or Household Articles And Parts Of Stainless Steel 2024

Market Size for Table, Kitchen Or Household Articles And Parts Of Stainless Steel in Puerto Rico

The Puerto Rican stainless steel household articles market declined to $X in 2021, with a decrease of -12.3% against the previous year. Over the period under review, consumption, however, showed a perceptible descent. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Table, Kitchen Or Household Articles And Parts Of Stainless Steel in Puerto Rico

In value terms, stainless steel household articles production shrank markedly to $X in 2021 estimated in export price. In general, production, however, recorded a noticeable descent. The most prominent rate of growth was recorded in 2020 with an increase of 57% against the previous year. Puerto Rico production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Table, Kitchen Or Household Articles And Parts Of Stainless Steel

Exports by Country

China dominates exports structure, resulting at X units, which was approx. 71% of total exports in 2021. It was distantly followed by India (X units), creating a 7.4% share of total exports. The following exporters - Turkey (X units), Germany (X units) and the Netherlands (X units) - together made up 7.6% of total exports.

China was also the fastest-growing in terms of the table, kitchen or household articles and parts of stainless steel exports, with a CAGR of +12.0% from 2012 to 2021. At the same time, Turkey (+8.6%), the Netherlands (+6.6%), India (+5.3%) and Germany (+1.5%) displayed positive paces of growth. China (+17 p.p.) significantly strengthened its position in terms of the global exports, while Germany and India saw its share reduced by -2.1% and -2.4% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest stainless steel household articles supplier from Puerto Rico, comprising 71% of global exports. The second position in the ranking was held by India ($X), with a 4.3% share of global exports. It was followed by Germany, with a 3.8% share.

In China, stainless steel household articles exports expanded at an average annual rate of +17.3% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: India (+8.3% per year) and Germany (+2.4% per year).

Imports of Table, Kitchen Or Household Articles And Parts Of Stainless Steel

Imports by Country

The United States was the largest importer of table, kitchen or household articles and parts of stainless steel in the world, with the volume of imports finishing at X units, which was approx. 44% of total imports in 2021. It was distantly followed by Germany (X units), committing a 5.1% share of total imports. The following importers - the Netherlands (X units), the UK (X units), Russia (X units), South Korea (X units), France (X units), Japan (X units), Poland (X units), the United Arab Emirates (X units), Canada (X units), Indonesia (X units) and Belgium (X units) - together made up 20% of total imports.

The United States was also the fastest-growing in terms of the table, kitchen or household articles and parts of stainless steel imports, with a CAGR of +18.7% from 2012 to 2021. At the same time, Poland (+10.3%), South Korea (+10.0%), the United Arab Emirates (+8.5%), the Netherlands (+6.5%), Germany (+4.3%), Russia (+1.7%), Canada (+1.4%), the UK (+1.4%) and France (+1.0%) displayed positive paces of growth. Indonesia experienced a relatively flat trend pattern. By contrast, Belgium (-1.1%) and Japan (-1.2%) illustrated a downward trend over the same period. The United States (+25 p.p.) significantly strengthened its position in terms of the global imports, while France, Russia, the UK, Germany and Japan saw its share reduced by -1.7%, -1.8%, -2%, -2% and -2.2% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported table, kitchen or household articles and parts of stainless steel into Puerto Rico, comprising 28% of global imports. The second position in the ranking was held by Germany ($X), with a 7.9% share of global imports. It was followed by the Netherlands, with a 3.4% share.

In the United States, stainless steel household articles imports expanded at an average annual rate of +10.9% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Germany (+6.4% per year) and the Netherlands (+6.3% per year).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for table, kitchen or household articles and parts of stainless steel in the world?

The United States constituted the country with the largest volume of stainless steel household articles consumption, accounting for 30% of total volume. Moreover, stainless steel household articles consumption in the United States exceeded the figures recorded by the second-largest consumer, China, threefold. The third position in this ranking was held by Indonesia, with a 4.9% share.

What are the largest producers of table, kitchen or household articles and parts of stainless steel in the world?

China remains the largest stainless steel household articles producing country worldwide, comprising approx. 54% of total volume. Moreover, stainless steel household articles production in China exceeded the figures recorded by the second-largest producer, India, sixfold. The third position in this ranking was held by Indonesia, with a 4.8% share.

What are the leading suppliers of table, kitchen or household articles and parts of stainless steel to Puerto Rico?

In value terms, the United States constitutes the largest market for imported table, kitchen or household articles and parts of stainless steel into Puerto Rico, comprising 28% of global imports. The second position in the ranking was held by Germany, with a 7.9% share of global imports. It was followed by the Netherlands, with a 3.4% share.

What are the leading importers of table, kitchen or household articles and parts of stainless steel from Puerto Rico?

In value terms, China remains the largest stainless steel household articles supplier from Puerto Rico, comprising 71% of global exports. The second position in the ranking was taken by India, with a 4.3% share of global exports. It was followed by Germany, with a 3.8% share.

This report provides an in-depth analysis of the market for stainless steel household articles 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 25991225 - Table, kitchen or household articles and parts thereof of stainless steel (excluding cutlery)

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