Paraguay: Pneumatic Elevator Market 2024

Pneumatic Elevator Market Size in Paraguay

The Paraguayan pneumatic elevator market amounted to $X in 2022, remaining relatively unchanged against the previous year. Overall, consumption continues to indicate buoyant growth. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Pneumatic Elevator Production in Paraguay

In value terms, pneumatic elevator production totaled $X in 2022 estimated in export price. In general, production enjoyed a resilient expansion. The pace of growth was the most pronounced in 2016 when the production volume increased by 62% against the previous year. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Pneumatic Elevator Exports

Exports from Paraguay

In 2022, approx. X units of pneumatic elevators and conveyors were exported from Paraguay; growing by 50% against 2021 figures. Over the period under review, exports showed a buoyant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 300%. As a result, the exports reached the peak of X units. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, pneumatic elevator exports surged to $X in 2022. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 462%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

Exports by Country

Brazil (X units) and Bolivia (X units) were the main destinations of pneumatic elevator exports from Paraguay. Moreover, pneumatic elevator exports in Brazil exceeded the figures recorded by the second-largest exporter, Bolivia, twofold.

From 2014 to 2022, the biggest increases were recorded for Brazil (with a CAGR of 0.0%).

In value terms, Brazil ($X) remains the key foreign market for pneumatic elevators and conveyors exports from Paraguay, comprising 81% of total exports. The second position in the ranking was taken by Bolivia ($X), with a 19% share of total exports.

From 2014 to 2022, the average annual growth rate of value to Brazil stood at +207.1%.

Export Prices by Country

The average pneumatic elevator export price stood at $X per unit in 2022, with a decrease of -12.7% against the previous year. In general, the export price, however, continues to indicate significant growth. The most prominent rate of growth was recorded in 2021 an increase of 743%. As a result, the export price attained the peak level of $X per unit, and then shrank in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($X per unit), while the average price for exports to Bolivia amounted to $X per unit.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+207.1%).

Pneumatic Elevator Imports

Imports into Paraguay

In 2022, pneumatic elevator imports into Paraguay declined remarkably to X units, shrinking by -27.3% compared with the year before. In general, imports continue to indicate a noticeable contraction. The pace of growth was the most pronounced in 2014 with an increase of 263%. As a result, imports attained the peak of X units. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, pneumatic elevator imports skyrocketed to $X in 2022. Over the period under review, imports continue to indicate a pronounced descent. The growth pace was the most rapid in 2014 with an increase of 259% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Brazil (X units) constituted the largest pneumatic elevator supplier to Paraguay, with a 33% share of total imports. Moreover, pneumatic elevator imports from Brazil exceeded the figures recorded by the second-largest supplier, Denmark (X units), threefold. The UK (X units) ranked third in terms of total imports with a 13% share.

From 2012 to 2022, the average annual growth rate of volume from Brazil amounted to +14.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+4.1% per year) and the UK (+11.6% per year).

In value terms, Brazil ($X) constituted the largest supplier of pneumatic elevators and conveyors to Paraguay, comprising 53% of total imports. The second position in the ranking was taken by the UK ($X), with a 9.8% share of total imports. It was followed by Denmark, with an 8.7% share.

From 2012 to 2022, the average annual growth rate of value from Brazil amounted to +17.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+27.1% per year) and Denmark (+3.2% per year).

Import Prices by Country

In 2022, the average pneumatic elevator import price amounted to $X per unit, increasing by 80% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 96%. As a result, import price reached the peak level of $X per unit. From 2016 to 2022, the average 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 Argentina ($X per unit), while the price for Switzerland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+28.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform