Paraguay: Plastic Self-Adhesive Plate Market 2024

Plastic Self-Adhesive Plate Market Size in Paraguay

In 2022, the Paraguayan plastic self-adhesive plate market increased by 19% to $X, rising for the second consecutive year after two years of decline. In general, the total consumption indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +8.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +71.6% against 2020 indices. Over the period under review, the market hit record highs in 2022 and is likely to see gradual growth in the near future.

Plastic Self-Adhesive Plate Exports

Exports from Paraguay

In 2022, overseas shipments of plastic self-adhesive plates, sheets and other flat shapes decreased by -48.8% to X tons, falling for the second year in a row after two years of growth. In general, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2014 when exports increased by 582% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, plastic self-adhesive plate exports fell dramatically to $X in 2022. Overall, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2014 when exports increased by 1,217% against the previous year. Over the period under review, the exports reached the maximum at $X in 2021, and then shrank rapidly in the following year.

Exports by Country

Brazil (X tons) was the main destination for plastic self-adhesive plate exports from Paraguay, accounting for a 68% share of total exports. Moreover, plastic self-adhesive plate exports to Brazil exceeded the volume sent to the second major destination, Argentina (X tons), sixfold. Uruguay (X tons) ranked third in terms of total exports with an 8.1% share.

From 2012 to 2022, the average annual growth rate of volume to Brazil totaled +19.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (+34.3% per year) and Uruguay (+151.9% per year).

In value terms, Brazil ($X), Argentina ($X) and Chile ($X) were the largest markets for plastic self-adhesive plate exported from Paraguay worldwide, together comprising 82% of total exports. Uruguay and Bolivia lagged somewhat behind, together comprising a further 7.5%.

Among the main countries of destination, Uruguay, with a CAGR of +204.3%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average plastic self-adhesive plate export price stood at $X per ton in 2022, surging by 65% against the previous year. Over the period under review, the export price posted a resilient increase. The pace of growth appeared the most rapid in 2014 an increase of 93% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Argentina ($X per ton), while the average price for exports to Uruguay ($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 Uruguay (+20.8%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Self-Adhesive Plate Imports

Imports into Paraguay

In 2022, purchases abroad of plastic self-adhesive plates, sheets and other flat shapes increased by 7% to X tons, rising for the second year in a row after two years of decline. In general, total imports indicated a tangible increase from 2012 to 2022: its volume increased at an average annual rate of +4.8% 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 +31.9% against 2020 indices. The pace of growth appeared the most rapid in 2017 with an increase of 43%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, plastic self-adhesive plate imports stood at $X in 2022. Over the period under review, imports continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2017 when imports increased by 45% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

China (X tons), Taiwan (Chinese) (X tons) and Brazil (X tons) were the main suppliers of plastic self-adhesive plate imports to Paraguay, together comprising 83% of total imports. The UK, South Korea, the United States and Chile lagged somewhat behind, together accounting for a further 12%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of +101.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest plastic self-adhesive plate suppliers to Paraguay were China ($X), Brazil ($X) and Taiwan (Chinese) ($X), together comprising 57% of total imports. The United States, the UK, South Korea and Chile lagged somewhat behind, together accounting for a further 26%.

Among the main suppliers, the UK, with a CAGR of +79.8%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average plastic self-adhesive plate import price amounted to $X per ton, picking up by 3.7% against the previous year. Over the last decade, it increased at an average annual rate of +4.8%. The most prominent rate of growth was recorded in 2013 an increase of 18%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform