Paraguay: Market for Malt Extract And Food Preparations Of Flour, Meal, And Starch 2025

Market Size for Malt Extract And Food Preparations Of Flour, Meal, And Starch in Paraguay

After two years of growth, the Paraguayan market for malt extract and food preparations of flour, meal, and starches decreased by -30.1% to $X in 2022. In general, consumption saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then shrank sharply in the following year.

Exports of Malt Extract And Food Preparations Of Flour, Meal, And Starch

Exports from Paraguay

Exports of malt extract and food preparations of flour, meal, and starches from Paraguay fell to X tons in 2022, therefore, remained relatively stable against the year before. In general, total exports indicated a remarkable increase from 2012 to 2022: its volume increased at an average annual rate of +7.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +47.9% against 2018 indices. The most prominent rate of growth was recorded in 2015 with an increase of 32% against the previous year. Over the period under review, the exports of hit record highs at X tons in 2021, and then fell slightly in the following year.

In value terms, exports of malt extract and food preparations of flour, meal, and starches amounted to $X in 2022. Over the period under review, exports, however, continue to indicate a prominent increase. The pace of growth was the most pronounced in 2015 when exports increased by 30%. The exports peaked in 2022 and are likely to see steady growth in years to come.

Exports by Country

Bolivia (X tons) was the main destination for exports of malt extract and food preparations of flour, meal, and starches from Paraguay, accounting for a 84% share of total exports. Moreover, exports of malt extract and food preparations of flour, meal, and starches to Bolivia exceeded the volume sent to the second major destination, Spain (X tons), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Bolivia amounted to +5.7%.

In value terms, Bolivia ($X) remains the key foreign market for malt extract and food preparations of flour, meal, and starches exports from Paraguay, comprising 88% of total exports. The second position in the ranking was held by Spain ($X), with an 11% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Bolivia amounted to +7.6%.

Export Prices by Country

The average export price for malt extract and food preparations of flour, meal, and starches stood at $X per ton in 2022, remaining relatively unchanged against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The pace of growth was the most pronounced in 2018 when the average export price increased by 46% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Bolivia ($X per ton), while the average price for exports to Spain totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+1.9%).

Imports of Malt Extract And Food Preparations Of Flour, Meal, And Starch

Imports into Paraguay

In 2022, after two years of growth, there was significant decline in supplies from abroad of malt extract and food preparations of flour, meal, and starches, when their volume decreased by -33.7% to X tons. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 35%. As a result, imports attained the peak of X tons, and then shrank markedly in the following year.

In value terms, imports of malt extract and food preparations of flour, meal, and starches fell dramatically to $X in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 43%. As a result, imports reached the peak of $X, and then dropped sharply in the following year.

Imports by Country

Brazil (X tons), Argentina (X tons) and Germany (X tons) were the main suppliers of imports of malt extract and food preparations of flour, meal, and starches to Paraguay, with a combined 94% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +45.5%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest malt extract and food preparations of flour, meal, and starch suppliers to Paraguay were Brazil ($X), Argentina ($X) and Germany ($X), together comprising 94% of total imports.

Germany, with a CAGR of +30.7%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average import price for malt extract and food preparations of flour, meal, and starches amounted to $X per ton, jumping by 17% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per ton in 2017; afterwards, it flattened through to 2022.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Germany ($X per ton) and Argentina ($X per ton), while the price for Malaysia ($X per ton) and Brazil ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+19.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform