Puerto Rico - Elevators and Conveyors other than Pneumatic, Belt- or Bucket-Type - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPuerto Rico: Market for Elevators and Conveyors other than Pneumatic, Belt- or Bucket-Type 2024
Market Size for Elevators and Conveyors other than Pneumatic, Belt- or Bucket-Type in Puerto Rico
In 2021, the Puerto Rican market for elevators and conveyors other than pneumatic, belt- or bucket-type increased by 12% to $X for the first time since 2017, thus ending a three-year declining trend. Overall, consumption enjoyed notable growth. Puerto Rico consumption peaked at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.
Production of Elevators and Conveyors other than Pneumatic, Belt- or Bucket-Type in Puerto Rico
In value terms, production of elevators and conveyors other than pneumatic, belt- or bucket-type expanded rapidly to $X in 2021 estimated in export price. Overall, production showed notable growth. The most prominent rate of growth was recorded in 2013 when the production volume increased by 164%. Over the period under review, production of attained the peak level at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.
Exports of Elevators and Conveyors other than Pneumatic, Belt- or Bucket-Type
Exports from Puerto Rico
Exports of elevators and conveyors other than pneumatic, belt- or bucket-type from Puerto Rico was estimated at less than X units in 2021, stabilizing at the year before. Overall, exports recorded a relatively flat trend pattern.
In value terms, exports of elevators and conveyors other than pneumatic, belt- or bucket-type totaled less than $X in 2021. Over the period under review, exports showed a relatively flat trend pattern.
Exports by Country
In 2021, the United States (X units) and China (X units) were the major exporters of elevators and conveyors other than pneumatic, belt- or bucket-typeacross the globe, together achieving 49% of total exports. Canada (X units) ranks next in terms of the total exports with a 10% share, followed by Singapore (5.6%), Germany (5.3%) and Taiwan (Chinese) (4.5%). The Netherlands (X units), Mexico (X units), Italy (X units), Brazil (X units), Austria (X units) and South Korea (X units) took a relatively small share of total exports.
From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by South Korea (with a CAGR of +21.4%), while the other leaders experienced more modest paces of growth.
In value terms, the largest elevators and conveyors other than pneumatic, belt- or bucket-type supplying countries from Puerto Rico were Germany ($X), China ($X) and the Netherlands ($X), with a combined 40% share of total exports. Italy, Austria, the United States, Canada, South Korea, Taiwan (Chinese), Mexico, Brazil and Singapore lagged somewhat behind, together accounting for a further 33%.
South Korea, with a CAGR of +12.8%, 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
The export price in Puerto Rico stood at less than $X per thousand units in 2021, therefore, remained relatively stable against the previous year. In general, the export price continues to indicate a relatively flat trend pattern.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Austria ($X per thousand units), while Singapore ($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 Brazil (+4.5%), while the other leaders experienced more modest paces of growth.
Imports of Elevators and Conveyors other than Pneumatic, Belt- or Bucket-Type
Imports into Puerto Rico
Imports of elevators and conveyors other than pneumatic, belt- or bucket-type into Puerto Rico was estimated at less than X units in 2021, almost unchanged from the year before. In general, imports showed a relatively flat trend pattern.
In value terms, imports of elevators and conveyors other than pneumatic, belt- or bucket-type stood at less than $X in 2021. Overall, imports continue to indicate a relatively flat trend pattern.
Imports by Country
The United States was the major importer of elevators and conveyors other than pneumatic, belt- or bucket-type in the world, with the volume of imports recording X units, which was approx. 44% of total imports in 2021. It was distantly followed by Bolivia (X units) and Canada (X units), together generating a 22% share of total imports. Mexico (X units), South Africa (X units), Thailand (X units), Paraguay (X units), Chile (X units) and Brazil (X units) followed a long way behind the leaders.
From 2012 to 2021, average annual rates of growth with regard to elevators and conveyors other than pneumatic, belt- or bucket-type imports into the United States stood at +20.5%. At the same time, Bolivia (+57.4%), Chile (+38.1%), Thailand (+15.4%), South Africa (+14.6%) and Paraguay (+6.6%) displayed positive paces of growth. Moreover, Bolivia emerged as the fastest-growing importer imported in the world, with a CAGR of +57.4% from 2012-2021. Canada experienced a relatively flat trend pattern. By contrast, Mexico (-11.0%) and Brazil (-11.1%) illustrated a downward trend over the same period. While the share of the United States (+27 p.p.), Bolivia (+13 p.p.) and Chile (+1.9 p.p.) increased significantly in terms of the global imports from 2012-2021, the share of Brazil (-9.1 p.p.), Canada (-9.1 p.p.) and Mexico (-19.8 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the United States ($X) constitutes the largest market for imported elevators and conveyors other than pneumatic, belt- or bucket-type into Puerto Rico, comprising 21% of global imports. The second position in the ranking was taken by Canada ($X), with a 3.7% share of global imports. It was followed by Mexico, with a 3% share.
From 2012 to 2021, the average annual growth rate of value in the United States totaled +11.3%. The remaining importing countries recorded the following average annual rates of imports growth: Canada (+2.4% per year) and Mexico (+2.3% per year).
Import Prices by Country
The import price in Puerto Rico stood at less than $X per thousand units in 2021, remaining constant against the previous year. Over the period under review, the import price saw a relatively flat trend pattern.
There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Mexico ($X per thousand units), while Bolivia ($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 Mexico (+15.0%), while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for elevators and conveyors other than pneumatic, belt- or bucket-type 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 28221793 - Roller conveyors for goods or materials (excluding pneumatic elevators and conveyors, those specially designed for use underground, bucket type, belt type)
- Prodcom 28221795 - Continuous-action elevators or conveyors for goods or materials (excluding pneumatic elevators or conveyors, those designed for use underground, bucket type, belt type, roller conveyors)
Country coverage:
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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