Report Update Apr 1, 2024

Puerto Rico - Articles of Twine, Cordage, Rope or Cables - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Twine Product Market 2022

Twine Product Market Size in Puerto Rico

The Puerto Rican twine product market stood at $X in 2021, remaining stable against the previous year. Overall, consumption posted a resilient expansion. As a result, consumption attained the peak level of $X; afterwards, it flattened through to 2021.

Twine Product Production in Puerto Rico

In value terms, twine product production dropped modestly to $X in 2021 estimated in export price. Over the period under review, production recorded a resilient expansion. The most prominent rate of growth was recorded in 2019 with an increase of 92%. Puerto Rico production peaked at $X in 2020, and then reduced in the following year.

Twine Product Exports

Exports by Country

China prevails in exports structure, reaching X tons, which was approx. 65% of total exports in 2021. India (X tons), Germany (X tons), Portugal (X tons), the Netherlands (X tons), the United States (X tons), Vietnam (X tons), Taiwan (Chinese) (X tons), Bangladesh (X tons) and Turkey (X tons) followed a long way behind the leaders.

Exports from China increased at an average annual rate of +11.3% from 2012 to 2021. At the same time, Bangladesh (+48.7%), Turkey (+23.1%), Vietnam (+17.7%), Portugal (+15.3%), the Netherlands (+13.3%), India (+13.1%) and Germany (+4.7%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing exporter exported in the world, with a CAGR of +48.7% from 2012-2021. The United States and Taiwan (Chinese) experienced a relatively flat trend pattern. From 2012 to 2021, the share of China and Bangladesh increased by +11 and +2 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest twine product supplier from Puerto Rico, comprising 50% of global exports. The second position in the ranking was taken by Germany ($X), with a 6.6% share of global exports. It was followed by the United States, with a 4.5% share.

In China, twine product exports expanded at an average annual rate of +12.1% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Germany (+5.3% per year) and the United States (+6.3% per year).

Export Prices by Country

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

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Germany ($X per ton), while Bangladesh ($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 (+5.5%), while the other leaders experienced more modest paces of growth.

Twine Product Imports

Imports by Country

In 2021, the United States (X tons) represented the largest importer of articles of twine, cordage, rope or cables, constituting 30% of total imports. Germany (X tons) ranks second in terms of the total imports with a 7% share, followed by the Netherlands (5.3%). The following importers - the UK (X tons), Mexico (X tons), France (X tons), Canada (X tons), Italy (X tons), Australia (X tons), South Korea (X tons), Spain (X tons), Japan (X tons) and Belgium (X tons) - together made up 27% of total imports.

Imports into the United States increased at an average annual rate of +5.7% from 2012 to 2021. At the same time, South Korea (+17.0%), the Netherlands (+15.1%), Germany (+12.8%), Belgium (+11.7%), Australia (+11.3%), France (+11.3%), Mexico (+7.9%), Canada (+6.2%), Italy (+6.2%), the UK (+4.4%) and Spain (+3.4%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing importer imported in the world, with a CAGR of +17.0% from 2012-2021. Japan experienced a relatively flat trend pattern. From 2012 to 2021, the share of Germany and the Netherlands increased by +2.8 and +2.7 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported articles of twine, cordage, rope or cables into Puerto Rico, comprising 29% of global imports. The second position in the ranking was held by Germany ($X), with a 6.8% share of global imports. It was followed by Mexico, with a 3.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value in the United States totaled +2.3%. In the other countries, the average annual rates were as follows: Germany (+16.0% per year) and Mexico (+8.5% per year).

Import Prices by Country

In 2021, the import price in Puerto Rico amounted to less than $X per ton, almost unchanged from the previous year. Over the period under review, the import price recorded 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 Japan ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+2.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for articles of twine, cordage, rope or cables in the world?

The countries with the highest volumes of consumption in 2021 were China, the United States and India, with a combined 24% share of global consumption. These countries were followed by Japan, Russia, Indonesia, Brazil, Pakistan, Mexico, Bangladesh, Ethiopia, France and Germany, which together accounted for a further 27%.

What are the largest producers of articles of twine, cordage, rope or cables in the world?

The country with the largest volume of twine product production was China, accounting for 32% of total volume. Moreover, twine product production in China exceeded the figures recorded by the second-largest producer, India, fivefold. The third position in this ranking was held by Japan, with a 3.3% share.

What are the leading suppliers of articles of twine, cordage, rope or cables to Puerto Rico?

In value terms, the United States constitutes the largest market for imported articles of twine, cordage, rope or cables into Puerto Rico, comprising 29% of global imports. The second position in the ranking was taken by Germany, with a 6.8% share of global imports. It was followed by Mexico, with a 3.8% share.

What are the leading importers of articles of twine, cordage, rope or cables from Puerto Rico?

In value terms, China remains the largest twine product supplier from Puerto Rico, comprising 50% of global exports. The second position in the ranking was held by Germany, with a 6.6% share of global exports. It was followed by the United States, with a 4.5% share.

What is the average export price for articles of twine, cordage, rope or cables in Puerto Rico?

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

What is the average import price for articles of twine, cordage, rope or cables in Puerto Rico?

The import price in Puerto Rico stood at less than $0.1 per ton in 2021, leveling off at the previous year.

This report provides an in-depth analysis of the twine product 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 13941280 - Articles of twine, cordage, rope or cables

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