Paraguay: Rice Market 2020

Rice Exports

Exports from Paraguay

In 2018, the amount of rice exported from Paraguay amounted to X tons, surging by X% against the previous year. Overall, rice exports continue to indicate an outstanding increase. The pace of growth was the most pronounced in 2009 with an increase of X% against the previous year. Exports peaked in 2018 and are expected to retain its growth in the near future.

In value terms, rice exports amounted to $X in 2018. Overall, rice exports continue to indicate a skyrocketing expansion. The pace of growth was the most pronounced in 2008 with an increase of X% year-to-year. Over the period under review, rice exports reached their maximum in 2018 and are likely to continue its growth in the near future.

Exports by Country

Brazil (X tons) was the main destination for rice exports from Paraguay, accounting for a X% share of total exports. Moreover, rice exports to Brazil exceeded the volume sent to the second major destination, Chile (X tons), eightfold. The third position in this ranking was occupied by Iraq (X tons), with a X% share.

From 2007 to 2018, the average annual growth rate of volume to Brazil amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (+X% per year) and Iraq (X% per year).

In value terms, Brazil ($X) remains the key foreign market for rice exports from Paraguay, comprising X% of total rice exports. The second position in the ranking was occupied by Chile ($X), with a X% share of total exports. It was followed by Iraq, with a X% share.

From 2007 to 2018, the average annual growth rate of value to Brazil amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (+X% per year) and Iraq (X% per year).

Export Prices by Country

In 2018, the average rice export price amounted to $X per ton, dropping by -X% against the previous year. In general, the export price indicated a mild increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2008 when the average export price increased by X% against the previous year. In that year, the average export prices for rice attained their peak level of $X per ton. From 2009 to 2018, the growth in terms of the average export prices for rice remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2018, the countries with the highest prices were Brazil ($X per ton) and Iraq ($X per ton), while the average price for exports to Mexico ($X per ton) and Chile ($X per ton) were amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Brazil, while the prices for the other major destinations experienced mixed trend patterns.

Rice Imports

Imports into Paraguay

In 2018, the rice imports into Paraguay totaled X tons, waning by -X% against the previous year. Over the period under review, the total imports indicated a tangible increase from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, rice imports decreased by -X% against 2016 indices. The pace of growth was the most pronounced in 2016 with an increase of X% year-to-year. In that year, rice imports reached their peak of X tons. From 2017 to 2018, the growth of rice imports remained at a lower figure.

In value terms, rice imports stood at $X in 2018. In general, rice imports, however, continue to indicate resilient growth. The most prominent rate of growth was recorded in 2008 when imports increased by X% y-o-y. Over the period under review, rice imports attained their maximum at $X in 2016; however, from 2017 to 2018, imports failed to regain their momentum.

Imports by Country

Argentina (X tons), Brazil (X tons) and Uruguay (X tons) were the main suppliers of rice imports to Paraguay, together accounting for X% of total imports. Chile and Lebanon lagged somewhat behind, together accounting for a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Chile, while the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Argentina ($X) and Uruguay ($X) constituted the largest rice suppliers to Paraguay, together accounting for X% of total imports. Chile and Lebanon lagged somewhat behind, together comprising a further X terms of the main suppliers, Chile recorded the highest growth rate of imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average rice import price stood at $X per ton in 2018, lowering by -X% against the previous year. In general, the import price indicated buoyant growth from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, rice import price decreased by -X% against 2015 indices. The growth pace was the most rapid in 2008 when the average import price increased by X% y-o-y. Over the period under review, the average import prices for rice attained their peak figure at $X per ton in 2015; however, from 2016 to 2018, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2018, the highest prices were recorded for prices from Chile ($X per ton) and Brazil ($X per ton), while the price for Lebanon ($X per ton) and Uruguay ($X per ton) were amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Argentina, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform