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Puerto Rico - Mechano-Therapy Appliances and Massage Apparatus - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPuerto Rico: Mechano-Therapy Appliances Market 2024
Mechano-Therapy Appliances Market Size in Puerto Rico
In 2021, the Puerto Rican mechano-therapy appliances market decreased by -23.8% to $X for the first time since 2018, thus ending a two-year rising trend. Over the period under review, consumption, however, posted a temperate expansion. As a result, consumption reached the peak level of $X, and then shrank markedly in the following year.
Mechano-Therapy Appliances Production in Puerto Rico
In value terms, mechano-therapy appliances production shrank rapidly to $X in 2021 estimated in export price. Overall, production, however, showed a perceptible increase. The most prominent rate of growth was recorded in 2020 when the production volume increased by 80%. As a result, production reached the peak level of $X, and then reduced rapidly in the following year.
Mechano-Therapy Appliances Exports
Exports by Country
China prevails in exports structure, resulting at X tons, which was near 82% of total exports in 2021. The following exporters - the United States (X tons), the Netherlands (X tons), Belgium (X tons) and Germany (X tons) - together made up 8.4% of total exports.
China was also the fastest-growing in terms of the mechano-therapy appliances and massage apparatus exports, with a CAGR of +14.5% from 2012 to 2021. At the same time, the Netherlands (+14.1%), Belgium (+11.8%), the United States (+8.8%) and Germany (+5.2%) displayed positive paces of growth. From 2012 to 2021, the share of China increased by +8.2 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, China ($X) remains the largest mechano-therapy appliances supplier from Puerto Rico, comprising 62% of global exports. The second position in the ranking was held by the United States ($X), with a 6.8% share of global exports. It was followed by the Netherlands, with a 4.9% share.
In China, mechano-therapy appliances exports increased at an average annual rate of +18.1% over the period from 2012-2021. In the other countries, the average annual rates were as follows: the United States (+7.6% per year) and the Netherlands (+13.2% per year).
Mechano-Therapy Appliances Imports
Imports by Country
The United States represented the largest importer of mechano-therapy appliances and massage apparatus in the world, with the volume of imports amounting to X tons, which was approx. 28% of total imports in 2021. South Korea (X tons) took an 8.4% share (based on physical terms) of total imports, which put it in second place, followed by the UK (7.7%), France (6.5%), Germany (6.5%) and the Netherlands (4.6%). Japan (X tons), Canada (X tons), Belgium (X tons), Nigeria (X tons), Poland (X tons), Taiwan (Chinese) (X tons) and Russia (X tons) took a relatively small share of total imports.
The United States was also the fastest-growing in terms of the mechano-therapy appliances and massage apparatus imports, with a CAGR of +24.1% from 2012 to 2021. At the same time, South Korea (+19.8%), the UK (+19.4%), the Netherlands (+17.6%), Nigeria (+15.8%), Germany (+13.3%), Belgium (+11.8%), France (+8.6%), Canada (+7.9%), Taiwan (Chinese) (+5.1%) and Poland (+2.5%) displayed positive paces of growth. Russia experienced a relatively flat trend pattern. By contrast, Japan (-1.5%) illustrated a downward trend over the same period. While the share of the United States (+17 p.p.), South Korea (+4 p.p.), the UK (+3.5 p.p.) and the Netherlands (+1.7 p.p.) increased significantly in terms of the global imports from 2012-2021, the share of France (-1.8 p.p.), Poland (-2.2 p.p.), Russia (-2.7 p.p.) and Japan (-7 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the United States ($X) constitutes the largest market for imported mechano-therapy appliances and massage apparatus into Puerto Rico, comprising 28% of global imports. The second position in the ranking was held by Germany ($X), with a 6.9% share of global imports. It was followed by the UK, with a 6.2% share.
From 2012 to 2021, the average annual growth rate of value in the United States amounted to +16.6%. In the other countries, the average annual rates were as follows: Germany (+13.7% per year) and the UK (+17.0% per year).
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the mechano-therapy appliances 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 32502130 - Mechano-therapy appliances, massage apparatus, p sychological aptitude-testing apparatus (excluding wholly stationary mechano-therapy apparatus)
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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