Paraguay: Heterocyclic Compound Market 2024

Heterocyclic Compound Market Size in Paraguay

In 2022, the Paraguayan heterocyclic compound market increased by X% to $X, rising for the second year in a row after two years of decline. In general, consumption, however, showed a prominent increase. Over the period under review, the market reached the maximum level in 2022 and is likely to see steady growth in years to come.

Heterocyclic Compound Exports

Exports from Paraguay

In 2022, shipments abroad of heterocyclic compounds decreased by X% to X kg, falling for the third year in a row after two years of growth. In general, exports recorded a deep downturn. The pace of growth was the most pronounced in 2014 when exports increased by X%. As a result, the exports attained the peak of X kg. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, heterocyclic compound exports dropped notably to $X in 2022. Overall, exports saw a deep setback. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Argentina (X kg) was the main destination for heterocyclic compound exports from Paraguay, with a X% share of total exports. Moreover, heterocyclic compound exports to Argentina exceeded the volume sent to the second major destination, Guatemala (X kg), sixfold.

From 2012 to 2022, the average annual growth rate of volume to Argentina stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guatemala (X% per year) and Chile (X% per year).

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

From 2012 to 2022, the average annual growth rate of value to Argentina amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (X% per year) and Guatemala (X% per year).

Export Prices by Country

In 2022, the average heterocyclic compound export price amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, the export price, however, continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2014 when the average export price increased by X%. As a result, the export price attained the peak level of $X,748 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Argentina ($X per ton), while the average price for exports to Guatemala ($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 Ecuador (X%), while the prices for the other major destinations experienced mixed trend patterns.

Heterocyclic Compound Imports

Imports into Paraguay

In 2022, approx. X tons of heterocyclic compounds were imported into Paraguay; which is down by X% compared with the previous year. Over the period under review, imports, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports attained the peak of X tons, and then declined modestly in the following year.

In value terms, heterocyclic compound imports soared to $X in 2022. In general, imports, however, enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, China (X tons) was the main heterocyclic compound supplier to Paraguay, with a X% share of total imports. Moreover, heterocyclic compound imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and the UK (X% per year).

In value terms, China ($X) constituted the largest supplier of heterocyclic compounds to Paraguay, comprising X% of total imports. The second position in the ranking was held by India ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and the UK (X% per year).

Import Prices by Country

In 2022, the average heterocyclic compound import price amounted to $X per ton, rising by X% against the previous year. Over the period under review, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, heterocyclic compound import price increased by X% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform