Paraguay: Market for Preparations Used In Animal Feeding 2025

Market Size for Preparations Used In Animal Feeding in Paraguay

The Paraguayan preparations for animal feeding market stood at $X in 2022, growing by 2.2% against the previous year. The market value increased at an average annual rate of +2.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Preparations Used In Animal Feeding in Paraguay

In value terms, preparations for animal feeding production amounted to $X in 2022 estimated in export price. Overall, the total production indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -1.4% against 2020 indices. The growth pace was the most rapid in 2019 with an increase of 55%. Preparations for animal feeding production peaked at $X in 2020; afterwards, it flattened through to 2022.

Exports of Preparations Used In Animal Feeding

Exports from Paraguay

In 2022, overseas shipments of preparations used in animal feeding increased by 43% to X tons, rising for the fifth consecutive year after two years of decline. In general, exports enjoyed a resilient expansion. The pace of growth was the most pronounced in 2021 with an increase of 68% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, preparations for animal feeding exports skyrocketed to $X in 2022. Over the period under review, exports recorded a buoyant expansion. The growth pace was the most rapid in 2021 with an increase of 72%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

The United States (X tons) was the main destination for preparations for animal feeding exports from Paraguay, accounting for a 50% share of total exports. Moreover, preparations for animal feeding exports to the United States exceeded the volume sent to the second major destination, Uruguay (X tons), threefold. The third position in this ranking was held by Brazil (X tons), with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States stood at +14.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (+424.3% per year) and Brazil (+336.7% per year).

In value terms, the United States ($X) remains the key foreign market for preparations used in animal feeding exports from Paraguay, comprising 60% of total exports. The second position in the ranking was held by Uruguay ($X), with a 20% share of total exports. It was followed by Vietnam, with an 8.5% share.

From 2012 to 2022, the average annual growth rate of value to the United States totaled +17.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (+369.0% per year) and Vietnam (+10.1% per year).

Export Prices by Country

The average preparations for animal feeding export price stood at $X per ton in 2022, shrinking by -11.4% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 21%. The export price peaked at $X per ton in 2021, and then dropped in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Pakistan ($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 the United States (+2.3%), while the prices for the other major destinations experienced a decline.

Imports of Preparations Used In Animal Feeding

Imports into Paraguay

In 2022, imports of preparations used in animal feeding into Paraguay shrank to X tons, which is down by -14.9% compared with the previous year. The total import volume increased at an average annual rate of +1.4% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2013 with an increase of 12% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, preparations for animal feeding imports rose remarkably to $X in 2022. The total import value increased at an average annual rate of +5.6% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when imports increased by 15%. Imports peaked in 2022 and are likely to continue growth in the near future.

Imports by Country

In 2022, Brazil (X tons) constituted the largest supplier of preparations for animal feeding to Paraguay, with a 77% share of total imports. Moreover, preparations for animal feeding imports from Brazil exceeded the figures recorded by the second-largest supplier, Argentina (X tons), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Brazil was relatively modest.

In value terms, Brazil ($X) constituted the largest supplier of preparations used in animal feeding to Paraguay, comprising 71% of total imports. The second position in the ranking was taken by Argentina ($X), with an 18% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Brazil totaled +5.3%.

Import Prices by Country

The average preparations for animal feeding import price stood at $X per ton in 2022, with an increase of 29% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.1%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Argentina ($X per ton), while the price for Brazil stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+4.5%).

Source: IndexBox Platform