Report Update Apr 1, 2024

Puerto Rico - Yarn of Synthetic or Artificial Staple Fibers - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Synthetic Yarn Market 2024

Synthetic Yarn Market Size in Puerto Rico

In 2021, the Puerto Rican synthetic yarn market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption, however, showed a abrupt shrinkage. Puerto Rico consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Synthetic Yarn Production in Puerto Rico

In value terms, synthetic yarn production totaled $X in 2021 estimated in export price. Over the period under review, production, however, showed a abrupt downturn. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Synthetic Yarn Exports

Exports by Country

In 2021, China (X tons), distantly followed by Indonesia (X tons), India (X tons), the United States (X tons), Turkey (X tons) and Vietnam (X tons) represented the largest exporters of yarn of synthetic or artificial staple fibers, together committing 84% of total exports. Thailand (X tons) took a little share of total exports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +5.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X) remains the largest synthetic yarn supplier from Puerto Rico, comprising 31% of global exports. The second position in the ranking was taken by Indonesia ($X), with a 13% share of global exports. It was followed by India, with a 9.7% share.

In China, synthetic yarn exports increased at an average annual rate of +1.9% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Indonesia (-2.2% per year) and India (+1.0% per year).

Synthetic Yarn Imports

Imports by Country

In 2021, Bangladesh (X tons), Brazil (X tons), Honduras (X tons) and India (X tons) represented the largest importer of yarn of synthetic or artificial staple fibers in the world, creating 38% of total import. It was followed by Turkey (X tons) and South Korea (X tons), together making up a 10% share of total imports. Vietnam (X tons), the United States (X tons), Italy (X tons), Colombia (X tons), El Salvador (X tons), Portugal (X tons) and Mexico (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Vietnam (with a CAGR of +19.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest synthetic yarn importing markets into Puerto Rico were Bangladesh ($X), Honduras ($X) and Brazil ($X), together comprising 24% of total imports. India, Turkey, Italy, the United States, South Korea, Vietnam, Colombia, Portugal, El Salvador and Mexico lagged somewhat behind, together accounting for a further 34%.

In terms of the main importing countries, India, with a CAGR of +13.0%, recorded the highest rates of growth with regard to the value of imports, 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 yarn of synthetic or artificial staple fibers in the world?

The countries with the highest volumes of consumption in 2021 were India, Vietnam and China, with a combined 48% share of global consumption.

What are the largest producers of yarn of synthetic or artificial staple fibers in the world?

The countries with the highest volumes of production in 2021 were China, India and Vietnam, with a combined 62% share of global production.

What are the leading suppliers of yarn of synthetic or artificial staple fibers to Puerto Rico?

In value terms, the largest synthetic yarn importing markets into Puerto Rico were Bangladesh, Honduras and Brazil, with a combined 24% share of total imports. These countries were followed by India, Turkey, Italy, the United States, South Korea, Vietnam, Colombia, Portugal, El Salvador and Mexico, which together accounted for a further 34%.

What are the leading importers of yarn of synthetic or artificial staple fibers from Puerto Rico?

In value terms, China remains the largest synthetic yarn supplier from Puerto Rico, comprising 31% of global exports. The second position in the ranking was taken by Indonesia, with a 13% share of global exports. It was followed by India, with a 9.7% share.

This report provides an in-depth analysis of the synthetic yarn 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 13108210 - Yarn (other than sewing thread) containing . .85 % by weight of synthetic staple fibres, n.p.r.s.
Prodcom 13108250 - Yarn (other than sewing thread) containing . .85 % by weight of synthetic staple fibres, p.r.s.
Prodcom 13108320 - Yarn containing < .85 % by weight of polyester staple fibres (other than sewing thread), mixed with artificial fibres, n.p.r.s.
Prodcom 13108340 - Yarn containing < .85 % by weight of synthetic staple fibres (other than sewing thread), mixed with cotton, n.p.r.s.
Prodcom 13108380 - Other yarns, containing < .85 % by weight of synthetic staple fibres (other than sewing thread), n.p.r.s., n.e.c.
Prodcom 13108390 - Yarn containing < .85 % by weight of synthetic staple fibres (other than sewing thread), p.r.s.
Prodcom 131083Z0 - Yarn of synthetic staple fibres mixed with wool, n.p.r.s
Prodcom 13108410 - Yarn (other than sewing thread) of artificial staple fibres, n .p.r.s.
Prodcom 13108430 - Yarn (other than sewing thread) of artificial staple fibres, p.r.s.

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