Report Update Apr 1, 2024

Puerto Rico - Electrical Insulating Fittings of Plastics - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Electrical Insulating Fittings Market 2024

Electrical Insulating Fittings Market Size in Puerto Rico

The Puerto Rican electrical insulating fittings market was finally on the rise to reach $X in 2021, after two years of decline. Overall, consumption, however, showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Electrical Insulating Fittings Production in Puerto Rico

In value terms, electrical insulating fittings production surged to $X in 2021 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the production volume increased by 32%. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Electrical Insulating Fittings Exports

Exports by Country

In 2021, Germany (X tons), distantly followed by the Czech Republic (X tons), Japan (X tons), China (X tons), Austria (X tons), Belgium (X tons), South Korea (X tons) and Hungary (X tons) were the main exporters of electrical insulating fittings of plastics, together constituting 69% of total exports. Italy (X tons), Poland (X tons), Thailand (X tons), France (X tons) and Spain (X tons) held a minor share of total exports.

From 2012 to 2021, the biggest increases were in Belgium (with a CAGR of +19.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest electrical insulating fittings supplier from Puerto Rico, comprising 27% of global exports. The second position in the ranking was held by the Czech Republic ($X), with a 12% share of global exports. It was followed by Japan, with a 12% share.

In Germany, electrical insulating fittings exports increased at an average annual rate of +8.5% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: the Czech Republic (+12.8% per year) and Japan (-0.1% per year).

Electrical Insulating Fittings Imports

Imports by Country

In 2021, the Czech Republic (X tons) and Germany (X tons) were the major importers of electrical insulating fittings of plasticsaround the world, together amounting to approx. 20% of total imports. China (X tons) ranks next in terms of the total imports with a 6.1% share, followed by India (5.4%) and Nigeria (4.5%). The following importers - Poland (X tons), Romania (X tons), Hungary (X tons), Belgium (X tons), Italy (X tons), Mexico (X tons), Vietnam (X tons) and Ukraine (X tons) - together made up 29% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Belgium (with a CAGR of +24.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), China ($X) and the Czech Republic ($X) appeared to be the countries with the highest levels of imports in 2021, together comprising 32% of total imports. Romania, Hungary, Vietnam, India, Ukraine, Mexico, Poland, Belgium, Italy and Nigeria lagged somewhat behind, together accounting for a further 32%.

Belgium, with a CAGR of +15.7%, recorded 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.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for electrical insulating fittings of plastics in the world?

The countries with the highest volumes of consumption in 2021 were China, Brazil and Mexico, with a combined 37% share of global consumption. These countries were followed by the United States, India, Japan, Spain, Indonesia, Turkey, Germany, Bangladesh, France and Italy, which together accounted for a further 39%.

What are the largest producers of electrical insulating fittings of plastics in the world?

The countries with the highest volumes of production in 2021 were China, Brazil and Mexico, together accounting for 38% of global production. These countries were followed by the United States, Japan, India, Germany, Spain, Indonesia, Bangladesh, Turkey, France and South Korea, which together accounted for a further 43%.

What are the leading suppliers of electrical insulating fittings of plastics to Puerto Rico?

In value terms, Germany, China and the Czech Republic constituted the countries with the highest levels of imports in 2021, with a combined 32% share of total imports. These countries were followed by Romania, Hungary, Vietnam, India, Ukraine, Mexico, Poland, Belgium, Italy and Nigeria, which together accounted for a further 32%.

What are the leading importers of electrical insulating fittings of plastics from Puerto Rico?

In value terms, Germany remains the largest electrical insulating fittings supplier from Puerto Rico, comprising 27% of global exports. The second position in the ranking was taken by the Czech Republic, with a 12% share of global exports. It was followed by Japan, with a 12% share.

This report provides an in-depth analysis of the electrical insulating fittings 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 27331430 - Insulating fittings of plastic, for electrical machines, a ppliances or equipment (excluding electrical insulators)

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