Report Update Nov 1, 2024

Paraguay - Metal Office Furniture - Market Analysis, Forecast, Size, Trends and Insights

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Paraguay: Metal Office Furniture Market 2024

Metal Office Furniture Market Size in Paraguay

In 2022, after two years of growth, there was significant decline in the Paraguayan metal office furniture market, when its value decreased by -77.4% to $X. Overall, consumption showed a pronounced descent. As a result, consumption reached the peak level of $X, and then shrank dramatically in the following year.

Metal Office Furniture Exports

Exports from Paraguay

Metal office furniture exports from Paraguay soared to X tons in 2022, growing by 814% against the previous year's figure. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2016 with an increase of 37,400%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, metal office furniture exports dropped to $X in 2022. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2016 with an increase of 46,940% against the previous year. Over the period under review, the exports attained the maximum at $X in 2021, and then shrank in the following year.

Exports by Country

Guyana (X tons) was the main destination for metal office furniture exports from Paraguay, accounting for a 91% share of total exports. Moreover, metal office furniture exports to Guyana exceeded the volume sent to the second major destination, Uruguay (X kg), tenfold.

From 2015 to 2022, the average annual rate of growth in terms of volume to Guyana was relatively modest.

In value terms, Guyana ($X) emerged as the key foreign market for metal office furniture exports from Paraguay, comprising 95% of total exports. The second position in the ranking was held by Uruguay ($X), with a 3.1% share of total exports.

From 2015 to 2022, the average annual rate of growth in terms of value to Guyana was relatively modest.

Export Prices by Country

The average metal office furniture export price stood at $X per ton in 2022, which is down by -90.2% against the previous year. Overall, the export price saw a abrupt descent. The most prominent rate of growth was recorded in 2019 an increase of 719% against the previous year. The export price peaked at $X per ton in 2021, and then dropped dramatically in the following year.

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

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+90.8%).

Metal Office Furniture Imports

Imports into Paraguay

In 2022, supplies from abroad of metal office furniture decreased by -77.4% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports showed a noticeable decline. The pace of growth was the most pronounced in 2021 when imports increased by 96% against the previous year. As a result, imports attained the peak of X tons, and then reduced dramatically in the following year.

In value terms, metal office furniture imports shrank sharply to $X in 2022. Overall, imports, however, recorded a mild increase. The most prominent rate of growth was recorded in 2021 when imports increased by 231%. As a result, imports attained the peak of $X, and then dropped remarkably in the following year.

Imports by Country

In 2022, Brazil (X tons) constituted the largest metal office furniture supplier to Paraguay, with a 64% share of total imports. Moreover, metal office furniture imports from Brazil exceeded the figures recorded by the second-largest supplier, China (X tons), threefold.

From 2012 to 2022, the average annual growth rate of volume from Brazil stood at +13.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-13.4% per year) and the United States (+5.8% per year).

In value terms, the largest metal office furniture suppliers to Paraguay were Brazil ($X), China ($X) and the United States ($X), together comprising 92% of total imports.

Among the main suppliers, Brazil, with a CAGR of +10.1%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average metal office furniture import price stood at $X per ton in 2022, surging by 13% against the previous year. Over the period under review, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal office furniture import price increased by +91.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 69% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+15.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

This report provides an in-depth analysis of the metal office furniture market in Paraguay. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 31011100 - Metal furniture for offices

Country coverage:

Paraguay

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Paraguay
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023