Paraguay: Lamp Holder Market 2024

Lamp Holder Market Size in Paraguay

The Paraguayan lamp holder market amounted to $X in 2022, surging by 2.8% against the previous year. Overall, consumption saw buoyant growth. Lamp holder consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Lamp Holder Production in Paraguay

In value terms, lamp holder production amounted to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a strong expansion. The growth pace was the most rapid in 2015 when the production volume increased by 42% against the previous year. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Lamp Holder Exports

Exports from Paraguay

In 2022, the amount of lamp holders, plugs and sockets exported from Paraguay skyrocketed to X tons, increasing by 1,254% compared with the previous year's figure. Overall, exports recorded a significant increase. The pace of growth was the most pronounced in 2015 when exports increased by 23,198%. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, lamp holder exports dropped modestly to $X in 2022. Over the period under review, exports showed a significant expansion. The growth pace was the most rapid in 2015 with an increase of 7,106% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then contracted in the following year.

Exports by Country

Brazil (X tons) was the main destination for lamp holder exports from Paraguay, with a 9.5% share of total exports. Moreover, lamp holder exports to Brazil exceeded the volume sent to the second major destination, Spain (X kg), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Brazil stood at +33.7%.

In value terms, Brazil ($X) remains the key foreign market for lamp holders, plugs and sockets exports from Paraguay, comprising 91% of total exports. The second position in the ranking was taken by Spain ($X), with a 5% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Brazil amounted to +41.1%.

Export Prices by Country

The average lamp holder export price stood at $X per ton in 2021, picking up by 352% against the previous year. Overall, the export price saw a significant increase. The growth pace was the most rapid in 2016 an increase of 1,174% against the previous year. The export price peaked in 2021 and is expected to retain growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+19.2%), while the prices for the other major destinations experienced more modest paces of growth.

Lamp Holder Imports

Imports into Paraguay

In 2022, the amount of lamp holders, plugs and sockets imported into Paraguay shrank to X tons, with a decrease of -9.2% against the previous year. In general, total imports indicated a temperate increase from 2012 to 2022: its volume increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +28.0% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 41%. As a result, imports reached the peak of X tons, and then reduced in the following year.

In value terms, lamp holder imports rose rapidly to $X in 2022. Over the period under review, total imports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 39% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of lamp holder to Paraguay, accounting for a 0.8% share of total imports. Moreover, lamp holder imports from China exceeded the figures recorded by the second-largest supplier, Brazil (X tons), threefold. The third position in this ranking was held by Argentina (X tons), with a 0.1% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +10.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+17.5% per year) and Argentina (-1.5% per year).

In value terms, China ($X) constituted the largest supplier of lamp holders, plugs and sockets to Paraguay, comprising 34% of total imports. The second position in the ranking was taken by Brazil ($X), with a 14% share of total imports. It was followed by Germany, with a 12% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +11.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+2.7% per year) and Germany (+29.7% per year).

Import Prices by Country

In 2021, the average lamp holder import price amounted to $X per ton, leveling off at the previous year. Overall, the import price recorded a slight downturn. The pace of growth appeared the most rapid in 2014 an increase of 15% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+0.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform