Paraguay: Durum Wheat Market 2025

Durum Wheat Market Size in Paraguay

After two years of decline, the Paraguayan durum wheat market increased by 5.7% to $X in 2022. Overall, consumption, however, showed a noticeable curtailment. Durum wheat consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Durum Wheat Production in Paraguay

In value terms, durum wheat production declined modestly to $X in 2022 estimated in export price. In general, production, however, recorded a pronounced downturn. The pace of growth appeared the most rapid in 2019 with an increase of 98%. Durum wheat production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

The average yield of durum wheat in Paraguay surged to X tons per ha in 2022, with an increase of 16% compared with 2021. In general, the yield, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of 67% against the previous year. As a result, the yield attained the peak level of X tons per ha. From 2020 to 2022, the growth of the average durum wheat yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the durum wheat harvested area in Paraguay stood at X ha, with an increase of 3.4% on 2021 figures. Overall, the harvested area, however, saw a pronounced downturn. The most prominent rate of growth was recorded in 2019 with an increase of 13% against the previous year. The durum wheat harvested area peaked at X ha in 2015; however, from 2016 to 2022, the harvested area remained at a lower figure.

Durum Wheat Exports

Exports from Paraguay

In 2022, approx. X tons of durum wheat were exported from Paraguay; reducing by -27.5% on the year before. Over the period under review, exports continue to indicate a dramatic descent. The most prominent rate of growth was recorded in 2016 when exports increased by 54% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, durum wheat exports amounted to $X in 2022. In general, exports showed a precipitous shrinkage. The most prominent rate of growth was recorded in 2016 with an increase of 51% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Vietnam (X tons) was the main destination for durum wheat exports from Paraguay, accounting for a 85% share of total exports. Moreover, durum wheat exports to Vietnam exceeded the volume sent to the second major destination, Chile (X tons), sixfold.

From 2012 to 2022, the average annual growth rate of volume to Vietnam amounted to -9.7%.

In value terms, Vietnam ($X) remains the key foreign market for durum wheat exports from Paraguay, comprising 73% of total exports. The second position in the ranking was held by Chile ($X), with a 27% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Vietnam amounted to -1.0%.

Export Prices by Country

In 2022, the average durum wheat export price amounted to $X per ton, rising by 55% against the previous year. In general, the export price showed strong growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($X per ton), while the average price for exports to Vietnam amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cameroon (+42.7%), while the prices for the other major destinations experienced more modest paces of growth.

Durum Wheat Imports

Imports into Paraguay

In 2022, approx. X tons of durum wheat were imported into Paraguay; reducing by -9.4% compared with 2021 figures. In general, imports faced a sharp slump. The growth pace was the most rapid in 2014 when imports increased by 130%. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, durum wheat imports contracted rapidly to $X in 2022. Over the period under review, imports continue to indicate a precipitous descent. The pace of growth was the most pronounced in 2016 with an increase of 105% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Brazil (X tons) was the main durum wheat supplier to Paraguay, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Brazil amounted to -20.3%.

In value terms, Brazil ($X) constituted the largest supplier of durum wheat to Paraguay.

From 2012 to 2022, the average annual growth rate of value from Brazil amounted to -23.3%.

Import Prices by Country

The average durum wheat import price stood at $X per ton in 2022, dropping by -11.4% against the previous year. Over the period under review, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, durum wheat import price increased by +23.8% against 2018 indices. The most prominent rate of growth was recorded in 2016 when the average import price increased by 65%. Over the period under review, average import prices attained the peak figure at $X per ton in 2021, and then fell in the following year.

As there is only one major supplying country, the average price level is determined by prices for Brazil.

From 2012 to 2022, the rate of growth in terms of prices for Argentina amounted to -3.6% per year.

Source: IndexBox Platform