Paraguay: Other Chemical Products Market 2024

Other Chemical Products Market Size in Paraguay

The Paraguayan other chemical products market totaled less than $X in 2022, standing approx. at the previous year. Overall, consumption showed a relatively flat trend pattern. Other chemical products consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Other Chemical Products Production in Paraguay

In value terms, other chemical products production totaled less than $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the production volume increased by 21%. Other chemical products production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Other Chemical Products Exports

Exports from Paraguay

After two years of growth, overseas shipments of other chemical products decreased by -80.3% to X tons in 2016. Over the period under review, exports recorded a deep slump. The growth pace was the most rapid in 2015 when exports increased by 1,150%. As a result, the exports attained the peak of X tons, and then fell remarkably in the following year.

In value terms, other chemical products exports contracted sharply to $X in 2016. Overall, exports recorded a abrupt descent. The pace of growth was the most pronounced in 2015 when exports increased by 1,431% against the previous year. As a result, the exports attained the peak of $X, and then fell notably in the following year.

Exports by Country

Bolivia (X tons), Argentina (X tons) and Brazil (X tons) were the main destinations of other chemical products exports from Paraguay, with a combined 96% share of total exports.

From 2012 to 2016, the biggest increases were recorded for Argentina (with a CAGR of +16.9%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for other chemical products exported from Paraguay were Bolivia ($X), Argentina ($X) and Brazil ($X), together comprising 99% of total exports.

Argentina, with a CAGR of +46.4%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2016, the average other chemical products export price amounted to $X per ton, increasing by 27% against the previous year. In general, export price indicated pronounced growth from 2012 to 2016: its price increased at an average annual rate of +2.3% over the last four years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2016 figures, other chemical products export price increased by +71.9% against 2013 indices. 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 Brazil ($X per ton), while the average price for exports to Uruguay ($X per ton) was amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+36.9%), while the prices for the other major destinations experienced more modest paces of growth.

Other Chemical Products Imports

Imports into Paraguay

For the fifth consecutive year, Paraguay recorded growth in purchases abroad of other chemical products, which increased by 8.6% to X tons in 2016. In general, imports saw significant growth. The pace of growth was the most pronounced in 2015 when imports increased by 33% against the previous year. Over the period under review, imports attained the maximum in 2016 and are likely to see gradual growth in the immediate term.

In value terms, other chemical products imports reduced slightly to $X in 2016. The total import value increased at an average annual rate of +5.7% from 2012 to 2016; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 with an increase of 34%. Over the period under review, imports hit record highs at $X in 2015, and then contracted modestly in the following year.

Imports by Country

Brazil (X tons), the United States (X tons) and Colombia (X tons) were the main suppliers of other chemical products imports to Paraguay, with a combined 62% share of total imports. Argentina, Guatemala, China, Spain and Germany lagged somewhat behind, together comprising a further 34%.

From 2012 to 2016, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Guatemala (with a CAGR of +405.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X) constituted the largest supplier of other chemical products to Paraguay, comprising 52% of total imports. The second position in the ranking was taken by Argentina ($X), with a 14% share of total imports. It was followed by the United States, with a 10% share.

From 2012 to 2016, the average annual growth rate of value from Brazil amounted to +1.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (+9.0% per year) and the United States (+43.4% per year).

Import Prices by Country

In 2016, the average other chemical products import price amounted to $X per ton, which is down by -12.5% against the previous year. In general, the import price showed a abrupt setback. The pace of growth was the most pronounced in 2014 an increase of 12% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2016, import prices remained at a lower figure.

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

From 2012 to 2016, the most notable rate of growth in terms of prices was attained by the United States (+8.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform