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Puerto Rico - Water-Skis, Surfboards and Sailboards - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPuerto Rico: Water-Skis And Surfboards Market 2022
Water-Skis And Surfboards Market Size in Puerto Rico
The Puerto Rican water-skis and surfboards market soared to $X in 2021, jumping by 23% against the previous year. In general, consumption posted a pronounced expansion. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.
Water-Skis And Surfboards Production in Puerto Rico
In value terms, water-skis and surfboards production surged to $X in 2021 estimated in export price. Overall, production posted measured growth. The most prominent rate of growth was recorded in 2016 with an increase of 76% against the previous year. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.
Water-Skis And Surfboards Exports
Exports by Country
China represented the major exporting country with an export of around X units, which finished at 50% of total exports. It was distantly followed by the Netherlands (X units), creating an 8.7% share of total exports. France (X units), Taiwan (Chinese) (X units), Belgium (X units), Italy (X units), Germany (X units), Spain (X units), Malaysia (X units), the United States (X units) and Hong Kong SAR (X units) held a relatively small share of total exports.
From 2012 to 2021, average annual rates of growth with regard to water-skis and surfboards exports from China stood at +6.4%. At the same time, the Netherlands (+26.6%), Spain (+23.6%), Malaysia (+20.2%), Belgium (+19.6%), Germany (+14.3%), France (+8.9%) and Taiwan (Chinese) (+5.0%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in the world, with a CAGR of +26.6% from 2012-2021. By contrast, Italy (-1.3%), the United States (-5.9%) and Hong Kong SAR (-7.6%) illustrated a downward trend over the same period. While the share of the Netherlands (+6.7 p.p.), Spain (+2.4 p.p.), Belgium (+2.3 p.p.), Malaysia (+1.5 p.p.) and Germany (+1.5 p.p.) increased significantly in terms of the global exports from 2012-2021, the share of Hong Kong SAR (-3.5 p.p.), China (-3.7 p.p.), Italy (-4.1 p.p.) and the United States (-4.9 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, China ($X) remains the largest water-skis and surfboards supplier from Puerto Rico, comprising 54% of global exports. The second position in the ranking was taken by the Netherlands ($X), with a 5.4% share of global exports. It was followed by Italy, with a 3.9% share.
From 2012 to 2021, the average annual growth rate of value in China stood at +19.8%. The remaining exporting countries recorded the following average annual rates of exports growth: the Netherlands (+23.9% per year) and Italy (+1.1% per year).
Export Prices by Country
In 2021, the export price in Puerto Rico amounted to less than $X per thousand units, therefore, remained relatively stable against the previous year. In general, the export price showed a relatively flat trend pattern.
Prices varied noticeably country of origin: the country with the highest price was the United States ($X per thousand units), while Belgium ($X per thousand units) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+12.6%), while the other leaders experienced more modest paces of growth.
Water-Skis And Surfboards Imports
Imports by Country
In 2021, the United States (X units), the Netherlands (X units), Germany (X units), France (X units) and the UK (X units) was the largest importer of water-skis, surfboards and sailboards in the world, achieving 50% of total import. Spain (X units), Canada (X units), Belgium (X units), Australia (X units), Italy (X units), Austria (X units), Denmark (X units) and Switzerland (X units) followed a long way behind the leaders.
From 2012 to 2021, the biggest increases were in Denmark (with a CAGR of +33.7%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the United States ($X) constitutes the largest market for imported water-skis, surfboards and sailboards into Puerto Rico, comprising 25% of global imports. The second position in the ranking was held by Germany ($X), with an 8.5% share of global imports. It was followed by France, with a 7.6% share.
In the United States, water-skis and surfboards imports increased at an average annual rate of +8.0% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+15.0% per year) and France (+11.8% per year).
Import Prices by Country
The import price in Puerto Rico stood at less than $X per thousand units in 2021, approximately equating the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern.
There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was the United States ($X per thousand units), while the UK ($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 the United States (+6.3%), 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 water-skis and surfboards 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 32301300 - Water-skis, surfboards, sailboards and other water-sport equipment
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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