Report Update Apr 1, 2024

Puerto Rico - Wire Rod of Free-Cutting Steel - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Market for Wire Rod Of Free-Cutting Steel 2024

Exports of Wire Rod Of Free-Cutting Steel

Exports by Country

The biggest shipments were from Germany (X tons), Spain (X tons), France (X tons) and Switzerland (X tons), together reaching 63% of total export. The UK (X tons) took the next position in the ranking, followed by Japan (X tons) and the Netherlands (X tons). All these countries together held near 20% share of total exports. The following exporters - Ukraine (X tons), the United States (X tons) and Trinidad and Tobago (X tons) - together made up 4.6% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by the Netherlands (with a CAGR of +64.8%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Spain ($X) and France ($X) appeared to be the countries with the highest levels of exports in 2021, together comprising 50% of total exports. Switzerland, the UK, Japan, the Netherlands, the United States, Trinidad and Tobago and Ukraine lagged somewhat behind, together comprising a further 39%.

Among the main exporting countries, the Netherlands, with a CAGR of +75.3%, saw 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.

Imports of Wire Rod Of Free-Cutting Steel

Imports by Country

In 2021, Italy (X tons), distantly followed by Germany (X tons), the Dominican Republic (X tons), Turkey (X tons) and the United States (X tons) were the largest importers of wire rod of free-cutting steel, together comprising 57% of total imports. The following importers - Canada (X tons), Senegal (X tons), South Korea (X tons), Belgium (X tons), Taiwan (Chinese) (X tons), China (X tons), the Netherlands (X tons) and Mauritius (X tons) - together made up 24% of total imports.

Imports into Italy increased at an average annual rate of +6.0% from 2012 to 2021. At the same time, the Netherlands (+56.7%), Mauritius (+35.3%), the Dominican Republic (+15.8%), Belgium (+11.8%), Turkey (+8.1%), South Korea (+5.1%) and China (+1.9%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing importer imported in the world, with a CAGR of +56.7% from 2012-2021. Germany and Senegal experienced a relatively flat trend pattern. By contrast, the United States (-1.4%), Taiwan (Chinese) (-3.3%) and Canada (-7.6%) illustrated a downward trend over the same period. While the share of Italy (+6.2 p.p.), the Dominican Republic (+5.9 p.p.), Turkey (+3.1 p.p.), the Netherlands (+2.5 p.p.), Mauritius (+1.9 p.p.) and Belgium (+1.8 p.p.) increased significantly in terms of the global imports from 2012-2021, the share of Taiwan (Chinese) (-2 p.p.), Germany (-2.1 p.p.), the United States (-2.4 p.p.) and Canada (-5.8 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Italy ($X) constitutes the largest market for imported wire rod of free-cutting steel into Puerto Rico, comprising 23% of global imports. The second position in the ranking was held by Germany ($X), with an 11% share of global imports. It was followed by Turkey, with a 7.7% share.

In Italy, free-cutting steel wire rod imports expanded at an average annual rate of +6.8% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+0.7% per year) and Turkey (+8.0% per year).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for wire rod of free-cutting steel in the world?

The countries with the highest volumes of consumption in 2021 were Italy, Spain and the UK, together accounting for 43% of global consumption. These countries were followed by the Dominican Republic, Turkey, Ukraine, the United States, Canada, Senegal, Japan, South Korea, Taiwan Chinese) and China, which together accounted for a further 33%.

What are the largest producers of wire rod of free-cutting steel in the world?

The countries with the highest volumes of production in 2021 were Spain, the UK and France, together accounting for 55% of global production. These countries were followed by Switzerland, Japan, Ukraine, Germany, Trinidad and Tobago, India, Luxembourg and Algeria, which together accounted for a further 35%.

What are the leading suppliers of wire rod of free-cutting steel to Puerto Rico?

In value terms, Italy constitutes the largest market for imported wire rod of free-cutting steel into Puerto Rico, comprising 23% of global imports. The second position in the ranking was held by Germany, with an 11% share of global imports. It was followed by Turkey, with a 7.7% share.

What are the leading importers of wire rod of free-cutting steel from Puerto Rico?

In value terms, the largest free-cutting steel wire rod supplying countries from Puerto Rico were Germany, Spain and France, together comprising 50% of total exports. Switzerland, the UK, Japan, the Netherlands, the United States, Trinidad and Tobago and Ukraine lagged somewhat behind, together accounting for a further 39%.

This report provides an in-depth analysis of the market for free-cutting steel wire rod 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 24106120 - Wire rod of free-cutting steel

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