Report Update May 1, 2024

Puerto Rico - Machine-Tools for Drilling, Boring or Milling Metal - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Machine-Tool For Drilling Market 2022

Machine-Tool For Drilling Market Size in Puerto Rico

In 2021, the Puerto Rican machine-tool for drilling market increased by 8.7% to $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Machine-Tool For Drilling Production in Puerto Rico

In value terms, machine-tool for drilling production rose rapidly to $X in 2021 estimated in export price. In general, production, however, recorded a mild reduction. The most prominent rate of growth was recorded in 2018 with an increase of 89%. As a result, production attained the peak level of $X. From 2019 to 2021, production growth failed to regain momentum.

Machine-Tool For Drilling Exports

Exports by Country

The Netherlands represented the main exporter of machine-tools for drilling, boring or milling metal in the world, with the volume of exports accounting for X tons, which was approx. 43% of total exports in 2021. It was distantly followed by China (X tons), Germany (X tons), Taiwan (Chinese) (X tons) and Italy (X tons), together constituting a 35% share of total exports. Spain (X tons), Japan (X tons), the Czech Republic (X tons), the United States (X tons) and South Korea (X tons) took a little share of total exports.

The Netherlands was also the fastest-growing in terms of the machine-tools for drilling, boring or milling metal exports, with a CAGR of +24.2% from 2012 to 2021. At the same time, China (+12.7%) and Spain (+1.9%) displayed positive paces of growth. By contrast, Germany (-5.5%), Taiwan (Chinese) (-5.7%), Italy (-5.9%), the Czech Republic (-5.9%), South Korea (-10.6%), the United States (-12.9%) and Japan (-17.6%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the Netherlands and China increased by +36 and +9.8 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest machine-tool for drilling supplying countries from Puerto Rico were Germany ($X), China ($X) and Italy ($X), together comprising 48% of total exports.

China, with a CAGR of +3.7%, recorded the highest growth rate of the value of exports, among 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

In 2021, the export price in Puerto Rico amounted to less than $X per ton, flattening at the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+3.4%), while the other leaders experienced more modest paces of growth.

Machine-Tool For Drilling Imports

Imports by Country

In 2021, the Netherlands (X tons), followed by the United States (X tons), China (X tons), Germany (X tons) and Turkey (X tons) were the major importers of machine-tools for drilling, boring or milling metal, together comprising 36% of total imports. India (X tons), Portugal (X tons), the UK (X tons), Vietnam (X tons), Italy (X tons), Russia (X tons), Canada (X tons) and South Korea (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were in Portugal (with a CAGR of +21.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest machine-tool for drilling importing markets into Puerto Rico were the United States ($X), China ($X) and Germany ($X), with a combined 27% share of total imports. These countries were followed by Italy, Vietnam, Turkey, Canada, the UK, Russia, India, the Netherlands, South Korea and Portugal, which together accounted for a further 32%.

Vietnam, with a CAGR of +6.7%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Puerto Rico stood at less than $X per ton in 2021, remaining relatively unchanged against the previous year. In general, the import price showed a relatively flat trend pattern.

Prices varied noticeably country of destination: the country with the highest price was Italy ($X per ton), while Portugal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for machine-tools for drilling, boring or milling metal in the world?

The Netherlands remains the largest machine-tool for drilling consuming country worldwide, comprising approx. 35% of total volume. Moreover, machine-tool for drilling consumption in the Netherlands exceeded the figures recorded by the second-largest consumer, China, twofold. India ranked third in terms of total consumption with a 4.1% share.

What are the largest producers of machine-tools for drilling, boring or milling metal in the world?

The Netherlands remains the largest machine-tool for drilling producing country worldwide, comprising approx. 45% of total volume. Moreover, machine-tool for drilling production in the Netherlands exceeded the figures recorded by the second-largest producer, China, twofold. Germany ranked third in terms of total production with a 4.1% share.

What are the leading suppliers of machine-tools for drilling, boring or milling metal to Puerto Rico?

In value terms, the United States, China and Germany appeared to be the countries with the highest levels of imports in 2021, together comprising 27% of total imports. Italy, Vietnam, Turkey, Canada, the UK, Russia, India, the Netherlands, South Korea and Portugal lagged somewhat behind, together accounting for a further 32%.

What are the leading importers of machine-tools for drilling, boring or milling metal from Puerto Rico?

In value terms, Germany, China and Italy constituted the countries with the highest levels of exports in 2021, with a combined 48% share of total exports.

What is the average export price for machine-tools for drilling, boring or milling metal in Puerto Rico?

The export price in Puerto Rico stood at less than $0.1 per ton in 2021, flattening at the previous year.

What is the average import price for machine-tools for drilling, boring or milling metal in Puerto Rico?

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

This report provides an in-depth analysis of the machine-tool for drilling 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 28412213 - Numerically controlled drilling machines for working metal (excluding way-type unit head machines)
Prodcom 28412217 - Numerically controlled knee-type milling machines for working metal (excluding boring-milling machines)
Prodcom 28412223 - Numerically controlled tool-milling machines for working metal (excluding boring-milling machines, knee-type machines)
Prodcom 28412225 - Numerically controlled milling machines for working metal (including plano-milling machines) (excluding boring-milling machines, knee-type, tool-milling machines)
Prodcom 28412233 - Way-type unit heads for working metal by drilling, boring, m illing, threading or tapping
Prodcom 28412235 - Non-numerically controlled drilling machines for working metal (excluding way-type unit head machines)
Prodcom 28412240 - Numerically controlled boring and boring-milling machines for working metal (excluding drilling machines)
Prodcom 28412260 - Non-numerically controlled boring and boring-milling machines for working metal (excluding drilling machines)
Prodcom 28412270 - Non-numerically controlled milling machines for working metal (excluding boring-milling machines)

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.

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