Report Update Apr 1, 2024

Puerto Rico - Water-Skis, Surfboards and Sailboards - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Water-Skis And Surfboards Market 2022

Water-Skis And Surfboards Market Size in Puerto Rico

The Puerto Rican water-skis and surfboards market soared to $X in 2021, jumping by 23% against the previous year. In general, consumption posted a pronounced expansion. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Water-Skis And Surfboards Production in Puerto Rico

In value terms, water-skis and surfboards production surged to $X in 2021 estimated in export price. Overall, production posted measured growth. The most prominent rate of growth was recorded in 2016 with an increase of 76% against the previous year. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.

Water-Skis And Surfboards Exports

Exports by Country

China represented the major exporting country with an export of around X units, which finished at 50% of total exports. It was distantly followed by the Netherlands (X units), creating an 8.7% share of total exports. France (X units), Taiwan (Chinese) (X units), Belgium (X units), Italy (X units), Germany (X units), Spain (X units), Malaysia (X units), the United States (X units) and Hong Kong SAR (X units) held a relatively small share of total exports.

From 2012 to 2021, average annual rates of growth with regard to water-skis and surfboards exports from China stood at +6.4%. At the same time, the Netherlands (+26.6%), Spain (+23.6%), Malaysia (+20.2%), Belgium (+19.6%), Germany (+14.3%), France (+8.9%) and Taiwan (Chinese) (+5.0%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in the world, with a CAGR of +26.6% from 2012-2021. By contrast, Italy (-1.3%), the United States (-5.9%) and Hong Kong SAR (-7.6%) illustrated a downward trend over the same period. While the share of the Netherlands (+6.7 p.p.), Spain (+2.4 p.p.), Belgium (+2.3 p.p.), Malaysia (+1.5 p.p.) and Germany (+1.5 p.p.) increased significantly in terms of the global exports from 2012-2021, the share of Hong Kong SAR (-3.5 p.p.), China (-3.7 p.p.), Italy (-4.1 p.p.) and the United States (-4.9 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest water-skis and surfboards supplier from Puerto Rico, comprising 54% of global exports. The second position in the ranking was taken by the Netherlands ($X), with a 5.4% share of global exports. It was followed by Italy, with a 3.9% share.

From 2012 to 2021, the average annual growth rate of value in China stood at +19.8%. The remaining exporting countries recorded the following average annual rates of exports growth: the Netherlands (+23.9% per year) and Italy (+1.1% per year).

Export Prices by Country

In 2021, the export price in Puerto Rico amounted to less than $X per thousand units, therefore, remained relatively stable against the previous year. In general, the export price showed a relatively flat trend pattern.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per thousand units), while Belgium ($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 China (+12.6%), while the other leaders experienced more modest paces of growth.

Water-Skis And Surfboards Imports

Imports by Country

In 2021, the United States (X units), the Netherlands (X units), Germany (X units), France (X units) and the UK (X units) was the largest importer of water-skis, surfboards and sailboards in the world, achieving 50% of total import. Spain (X units), Canada (X units), Belgium (X units), Australia (X units), Italy (X units), Austria (X units), Denmark (X units) and Switzerland (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were in Denmark (with a CAGR of +33.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constitutes the largest market for imported water-skis, surfboards and sailboards into Puerto Rico, comprising 25% of global imports. The second position in the ranking was held by Germany ($X), with an 8.5% share of global imports. It was followed by France, with a 7.6% share.

In the United States, water-skis and surfboards imports increased at an average annual rate of +8.0% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+15.0% per year) and France (+11.8% 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. Over the period under review, the import price continues to indicate 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 the United States ($X per thousand units), while the UK ($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 United States (+6.3%), while the other leaders experienced more modest paces of growth.

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Frequently Asked Questions (FAQ) :

What are the largest markets for water-skis, surfboards and sailboards in the world?

The countries with the highest volumes of consumption in 2021 were China, the United States and India, together accounting for 36% of global consumption. These countries were followed by Germany, the UK, Indonesia, Pakistan, Canada, France, Bangladesh, Mexico, Turkey and the Netherlands, which together accounted for a further 31%.

What are the largest producers of water-skis, surfboards and sailboards in the world?

The country with the largest volume of water-skis and surfboards production was China, accounting for 39% of total volume. Moreover, water-skis and surfboards production in China exceeded the figures recorded by the second-largest producer, India, fivefold. The United States ranked third in terms of total production with a 7.5% share.

What are the leading suppliers of water-skis, surfboards and sailboards to Puerto Rico?

In value terms, the United States constitutes the largest market for imported water-skis, surfboards and sailboards into Puerto Rico, comprising 25% of global imports. The second position in the ranking was taken by Germany, with an 8.5% share of global imports. It was followed by France, with a 7.6% share.

What are the leading importers of water-skis, surfboards and sailboards from Puerto Rico?

In value terms, China remains the largest water-skis and surfboards supplier from Puerto Rico, comprising 54% of global exports. The second position in the ranking was held by the Netherlands, with a 5.4% share of global exports. It was followed by Italy, with a 3.9% share.

What is the average export price for water-skis, surfboards and sailboards in Puerto Rico?

In 2021, the export price in Puerto Rico amounted to less than $0.1 per thousand units, remaining stable against the previous year.

What is the average import price for water-skis, surfboards and sailboards in Puerto Rico?

In 2021, the import price in Puerto Rico amounted to less than $0.1 per thousand units, approximately mirroring the previous year.

This report provides an in-depth analysis of the water-skis and surfboards 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 32301300 - Water-skis, surfboards, sailboards and other water-sport equipment

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