Report Update May 1, 2024

Puerto Rico - Positive Displacement Pumps and Hand Pumps - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Positive Displacement Pump Market 2024

Positive Displacement Pump Market Size in Puerto Rico

The Puerto Rican positive displacement pump market rose markedly to $X in 2021, picking up by 12% against the previous year. Overall, consumption saw significant growth. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Positive Displacement Pump Production in Puerto Rico

In value terms, positive displacement pump production rose sharply to $X in 2021 estimated in export price. In general, production recorded significant growth. The most prominent rate of growth was recorded in 2016 when the production volume increased by 182% against the previous year. Puerto Rico production peaked at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

Positive Displacement Pump Exports

Exports by Country

China was the largest exporting country with an export of about X units, which accounted for 81% of total exports. It was distantly followed by Mexico (X units), mixing up an 11% share of total exports. The following exporters - Germany (X units) and Thailand (X units) - each finished at a 3.6% share of total exports.

Exports from China increased at an average annual rate of +16.2% from 2012 to 2021. At the same time, Thailand (+22.8%) and Germany (+3.3%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in the world, with a CAGR of +22.8% from 2012-2021. Mexico experienced a relatively flat trend pattern. While the share of China (+21 p.p.) increased significantly in terms of the global exports from 2012-2021, the share of Germany (-2 p.p.) and Mexico (-18.6 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest positive displacement pump supplier from Puerto Rico, comprising 44% of global exports. The second position in the ranking was taken by Germany ($X), with a 7.7% share of global exports. It was followed by Mexico, with a 5% share.

From 2012 to 2021, the average annual growth rate of value in China totaled +16.7%. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (+5.5% per year) and Mexico (-0.5% per year).

Positive Displacement Pump Imports

Imports by Country

The United States represented the major importer of positive displacement pumps and hand pumps in the world, with the volume of imports finishing at X units, which was near 38% of total imports in 2021. Thailand (X units) took an 8.5% share (based on physical terms) of total imports, which put it in second place, followed by the UK (5%). Canada (X units), Mexico (X units), Germany (X units), Turkey (X units), Colombia (X units), Japan (X units), Indonesia (X units), South Korea (X units), China (X units) and Hungary (X units) followed a long way behind the leaders.

The United States was also the fastest-growing in terms of the positive displacement pumps and hand pumps imports, with a CAGR of +40.4% from 2012 to 2021. At the same time, South Korea (+39.9%), Hungary (+39.6%), Colombia (+29.8%), Thailand (+21.5%), Mexico (+14.7%), Indonesia (+12.7%), Canada (+12.5%), China (+12.5%), Germany (+6.8%), the UK (+6.7%), Turkey (+5.6%) and Japan (+3.6%) displayed positive paces of growth. While the share of the United States (+32 p.p.), Thailand (+3.2 p.p.), South Korea (+1.8 p.p.) and Colombia (+1.7 p.p.) increased significantly in terms of the global imports from 2012-2021, the share of Germany (-3.4 p.p.), Turkey (-3.6 p.p.), Japan (-3.9 p.p.) and the UK (-5.1 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported positive displacement pumps and hand pumps into Puerto Rico, comprising 24% of global imports. The second position in the ranking was held by Germany ($X), with a 6.6% share of global imports. It was followed by Japan, with a 5.3% share.

In the United States, positive displacement pump imports expanded at an average annual rate of +16.6% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Germany (+6.7% per year) and Japan (+5.3% per year).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for positive displacement pumps and hand pumps in the world?

The countries with the highest volumes of consumption in 2021 were the United States, China and Spain, with a combined 54% share of global consumption.

What are the largest producers of positive displacement pumps and hand pumps in the world?

The country with the largest volume of positive displacement pump production was China, comprising approx. 74% of total volume. Moreover, positive displacement pump production in China exceeded the figures recorded by the second-largest producer, Mexico, more than tenfold. The third position in this ranking was taken by Spain, with a 6.3% share.

What are the leading suppliers of positive displacement pumps and hand pumps to Puerto Rico?

In value terms, the United States constitutes the largest market for imported positive displacement pumps and hand pumps into Puerto Rico, comprising 24% of global imports. The second position in the ranking was held by Germany, with a 6.6% share of global imports. It was followed by Japan, with a 5.3% share.

What are the leading importers of positive displacement pumps and hand pumps from Puerto Rico?

In value terms, China remains the largest positive displacement pump supplier from Puerto Rico, comprising 44% of global exports. The second position in the ranking was taken by Germany, with a 7.7% share of global exports. It was followed by Mexico, with a 5% share.

This report provides an in-depth analysis of the positive displacement pump 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 28131145 - Positive displacement pumps, hand pumps

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