Report Update Apr 1, 2024

Puerto Rico - Woven Woolen Fabrics - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Woolen Fabric Market 2024

Woolen Fabric Market Size in Puerto Rico

In 2021, the Puerto Rican woolen fabric market was finally on the rise to reach $X after two years of decline. In general, consumption showed prominent growth. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Woolen Fabric Production in Puerto Rico

In value terms, woolen fabric production expanded significantly to $X in 2021 estimated in export price. Over the period under review, production showed buoyant growth. The most prominent rate of growth was recorded in 2014 when the production volume increased by 88%. Puerto Rico production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

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Woolen Fabric Exports

Exports from Puerto Rico

In 2021, woolen fabric exports from Puerto Rico totaled less than X square meters, leveling off at the previous year. Over the period under review, exports recorded a relatively flat trend pattern.

In value terms, woolen fabric exports stood at less than $X in 2021. Overall, exports showed a relatively flat trend pattern.

Exports by Country

In 2021, Italy (X square meters), distantly followed by China (X square meters) and the UK (X square meters) represented the main exporters of woven woolen fabrics, together making up 59% of total exports. Germany (X square meters), Japan (X square meters), Spain (X square meters), South Korea (X square meters), the Czech Republic (X square meters), Denmark (X square meters), Portugal (X square meters), Turkey (X square meters) and Hong Kong SAR (X square meters) took a little share of total exports.

From 2012 to 2021, the biggest increases were recorded for Denmark (with a CAGR of +5.8%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, Italy ($X) remains the largest woolen fabric supplier from Puerto Rico, comprising 43% of global exports. The second position in the ranking was held by China ($X), with a 10% share of global exports. It was followed by the UK, with an 8.3% share.

From 2012 to 2021, the average annual growth rate of value in Italy stood at -5.2%. The remaining exporting countries recorded the following average annual rates of exports growth: China (-11.2% per year) and the UK (-3.4% per year).

Export Prices by Country

The export price in Puerto Rico stood at less than $X per thousand square meters in 2021, leveling off at the previous year. Over the period under review, the export price recorded a relatively flat trend pattern.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Italy ($X per thousand square meters), while South Korea ($X per thousand square meters) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+4.9%), while the other leaders experienced more modest paces of growth.

Woolen Fabric Imports

Imports into Puerto Rico

In 2021, woolen fabric imports into Puerto Rico amounted to less than X square meters, remaining stable against the previous year's figure. Overall, imports recorded a relatively flat trend pattern.

In value terms, woolen fabric imports totaled less than $X in 2021. Over the period under review, imports continue to indicate a relatively flat trend pattern.

Imports by Country

In 2021, China (X square meters), followed by Morocco (X square meters) and Italy (X square meters) represented the largest importers of woven woolen fabrics, together constituting 26% of total imports. The following importers - Germany (X square meters), France (X square meters), Vietnam (X square meters), Turkey (X square meters), Indonesia (X square meters), Spain (X square meters), Romania (X square meters), Denmark (X square meters), the United States (X square meters) and Japan (X square meters) - together made up 36% of total imports.

From 2012 to 2021, the biggest increases were recorded for Morocco (with a CAGR of +6.0%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, China ($X) constitutes the largest market for imported woven woolen fabrics into Puerto Rico, comprising 14% of global imports. The second position in the ranking was taken by France ($X), with a 5.8% share of global imports. It was followed by Italy, with a 4.7% share.

In China, woolen fabric imports decreased by an average annual rate of -5.9% over the period from 2012-2021. In the other countries, the average annual rates were as follows: France (+1.0% per year) and Italy (-6.3% per year).

Import Prices by Country

In 2021, the import price in Puerto Rico amounted to less than $X per thousand square meters, flattening at the previous year. In general, the import price showed a relatively flat trend pattern.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was France ($X per thousand square meters), while Morocco ($X per thousand square meters) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+5.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for woven woolen fabrics in the world?

The countries with the highest volumes of consumption in 2021 were Italy, China and Japan, with a combined 56% share of global consumption.

What are the largest producers of woven woolen fabrics in the world?

The countries with the highest volumes of production in 2021 were Italy, China and Japan, with a combined 66% share of global production.

What are the leading suppliers of woven woolen fabrics to Puerto Rico?

In value terms, China constitutes the largest market for imported woven woolen fabrics into Puerto Rico, comprising 14% of global imports. The second position in the ranking was taken by France, with a 5.8% share of global imports. It was followed by Italy, with a 4.7% share.

What are the leading importers of woven woolen fabrics from Puerto Rico?

In value terms, Italy remains the largest woolen fabric supplier from Puerto Rico, comprising 43% of global exports. The second position in the ranking was held by China, with a 10% share of global exports. It was followed by the UK, with an 8.3% share.

What is the average export price for woven woolen fabrics in Puerto Rico?

The export price in Puerto Rico stood at less than $0.1 per thousand square meters in 2021, leveling off at the previous year.

What is the average import price for woven woolen fabrics in Puerto Rico?

The import price in Puerto Rico stood at less than $0.1 per thousand square meters in 2021, almost unchanged from the previous year.

This report provides an in-depth analysis of the woolen fabric 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 13201230 - Woven fabrics of carded wool or carded fine animal hair
Prodcom 13201260 - Woven fabrics of combed wool or combed fine animal hair, w oven fabrics of coarse animal hair

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