Paraguay: Market for Plastic Shutters And Blinds 2024

Market Size for Plastic Shutters And Blinds in Paraguay

The Paraguayan plastic shutters and blinds market contracted modestly to $X in 2022, which is down by -2.7% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +9.0% 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 +52.6% against 2020 indices. Over the period under review, the market reached the maximum level at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Exports of Plastic Shutters And Blinds

Exports from Paraguay

In 2022, exports of plastic shutters and blinds from Paraguay was estimated at X units, stabilizing at the previous year. In general, exports saw notable growth. The smallest decline of 99.9% was in 2017. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, plastic shutters and blinds exports stood at $X in 2022. Overall, exports posted a notable increase. The smallest decline of 99.9% was in 2017. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Argentina (X units) was the main destination for plastic shutters and blinds exports from Paraguay, with a approx. 100% share of total exports.

From 2016 to 2022, the average annual rate of growth in terms of volume to Argentina was relatively modest.

From 2016 to 2022, the average annual rate of growth in terms of value to Argentina was relatively modest.

Export Prices by Country

In 2022, the average plastic shutters and blinds export price amounted to $X per unit, approximately equating the previous year. Overall, the export price continues to indicate a slight contraction. The pace of growth appeared the most rapid in 2017 when the average export price decreased by 99.9% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Argentina.

From 2016 to 2022, the rate of growth in terms of prices for Argentina amounted to 0.0% per year.

Imports of Plastic Shutters And Blinds

Imports into Paraguay

In 2022, approx. X units of plastic shutters and blinds were imported into Paraguay; reducing by -13.2% against 2021. In general, imports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of 96% against the previous year. As a result, imports attained the peak of X units, and then reduced in the following year.

In value terms, plastic shutters and blinds imports stood at $X in 2022. Overall, total imports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +7.8% 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 +40.4% against 2020 indices. The most prominent rate of growth was recorded in 2017 when imports increased by 41%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of plastic shutters and blinds to Paraguay, with a 87% share of total imports. Moreover, plastic shutters and blinds imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), more than tenfold. The third position in this ranking was held by Brazil (X units), with a 3.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +42.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+24.0% per year) and Brazil (-17.5% per year).

In value terms, China ($X) constituted the largest supplier of plastic shutters and blinds to Paraguay, comprising 67% of total imports. The second position in the ranking was taken by Germany ($X), with a 14% share of total imports. It was followed by Argentina, with a 6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +33.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+25.1% per year) and Argentina (-1.6% per year).

Import Prices by Country

In 2022, the average plastic shutters and blinds import price amounted to $X per unit, jumping by 29% against the previous year. Overall, the import price, however, continues to indicate a perceptible reduction. The growth pace was the most rapid in 2017 when the average import price increased by 86% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

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 Argentina ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform