Paraguay: Ceramic Statuette Market 2024

Ceramic Statuette Market Size in Paraguay

The Paraguayan ceramic statuette market expanded rapidly to $X in 2022, increasing by 14% against the previous year. Over the period under review, consumption, however, recorded a noticeable slump. Ceramic statuette consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Ceramic Statuette Production in Paraguay

In value terms, ceramic statuette production expanded remarkably to $X in 2022 estimated in export price. In general, production, however, continues to indicate a noticeable decline. The pace of growth was the most pronounced in 2020 with an increase of 56% against the previous year. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Ceramic Statuette Exports

Exports from Paraguay

After two years of decline, overseas shipments of ceramic statuettes and other ornamental articles increased by 8.8% to X tons in 2022. In general, exports, however, faced a abrupt setback. The pace of growth was the most pronounced in 2019 with an increase of 117% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, ceramic statuette exports dropped rapidly to $X in 2022. Overall, exports, however, continue to indicate a noticeable setback. The growth pace was the most rapid in 2019 when exports increased by 132%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Brazil (X tons) was the main destination for ceramic statuette exports from Paraguay, accounting for a 87% share of total exports. Moreover, ceramic statuette exports to Brazil exceeded the volume sent to the second major destination, Uruguay (X kg), tenfold.

From 2012 to 2022, the average annual growth rate of volume to Brazil stood at +40.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (-37.3% per year) and France (+2.4% per year).

In value terms, the largest markets for ceramic statuette exported from Paraguay were Brazil ($X), France ($X) and Uruguay ($X), with a combined 94% share of total exports.

Brazil, with a CAGR of +28.1%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average ceramic statuette export price stood at $X per ton in 2022, with a decrease of -35.7% against the previous year. Overall, the export price, however, saw a prominent increase. The pace of growth was the most pronounced in 2021 an increase of 489% against the previous year. As a result, the export price reached the peak level of $X per ton, and then shrank markedly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Uruguay ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+16.0%), while the prices for the other major destinations experienced mixed trend patterns.

Ceramic Statuette Imports

Imports into Paraguay

In 2022, supplies from abroad of ceramic statuettes and other ornamental articles increased by 57% to X tons, rising for the second year in a row after three years of decline. Over the period under review, imports, however, recorded a mild slump. The growth pace was the most rapid in 2015 when imports increased by 72% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, ceramic statuette imports surged to $X in 2022. Overall, imports enjoyed a modest increase. The pace of growth appeared the most rapid in 2015 when imports increased by 70% against the previous year. Over the period under review, imports reached the peak figure at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), the United States (X tons) and Brazil (X tons) were the main suppliers of ceramic statuette imports to Paraguay, with a combined 96% share of total imports. Taiwan (Chinese) and Spain lagged somewhat behind, together accounting for a further 1.7%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Taiwan (Chinese) (with a CAGR of +76.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of ceramic statuettes and other ornamental articles to Paraguay, comprising 67% of total imports. The second position in the ranking was held by the United States ($X), with a 19% share of total imports. It was followed by Brazil, with a 7% share.

From 2012 to 2022, the average annual growth rate of value from China totaled -1.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+31.1% per year) and Brazil (+14.6% per year).

Import Prices by Country

The average ceramic statuette import price stood at $X per ton in 2022, increasing by 4.9% against the previous year. Overall, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ceramic statuette import price decreased by -1.6% against 2018 indices. The most prominent rate of growth was recorded in 2016 an increase of 56%. As a result, import price reached the peak level of $X per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+50.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform