Paraguay: Market for Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride 2024

Market Size for Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride in Paraguay

The Paraguayan market for rigid tubes, pipes and hoses of polymers of vinyl chloride shrank slightly to $X in 2022, reducing by -3.4% against the previous year. In general, the total consumption indicated modest growth from 2012 to 2022: its value increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -39.4% against 2014 indices. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Production of Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride in Paraguay

In value terms, vinyl chloride polymer rigid pipes production reduced slightly to $X in 2022 estimated in export price. In general, the total production indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +2.1% 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 +1.0% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by 49%. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Exports of Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride

Exports from Paraguay

In 2022, the amount of rigid tubes, pipes and hoses of polymers of vinyl chloride exported from Paraguay stood at X tons, increasing by 13% against the previous year. Over the period under review, exports saw a strong increase. The growth pace was the most rapid in 2020 with an increase of 300%. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, vinyl chloride polymer rigid pipes exports soared to $X in 2022. In general, exports posted prominent growth. The most prominent rate of growth was recorded in 2020 with an increase of 349% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Argentina (X tons), Uruguay (X tons) and Peru (X tons) were the main destinations of vinyl chloride polymer rigid pipes exports from Paraguay, together comprising 88% of total exports. Bolivia, Chile and Brazil lagged somewhat behind, together comprising a further 12%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Chile (with a CAGR of +22.1%), while the other leaders experienced more modest paces of growth.

In value terms, Uruguay ($X), Argentina ($X) and Peru ($X) constituted the largest markets for vinyl chloride polymer rigid pipes exported from Paraguay worldwide, with a combined 89% share of total exports.

In terms of the main countries of destination, Uruguay, with a CAGR of +26.2%, 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

In 2022, the average export price for rigid tubes, pipes and hoses of polymers of vinyl chloride amounted to $X per ton, with an increase of 3.9% against the previous year. In general, export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, vinyl chloride polymer rigid pipes export price increased by +21.7% against 2018 indices. The growth pace was the most rapid in 2013 an increase of 41%. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($X per ton), while the average price for exports to Chile ($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 Peru (+28.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride

Imports into Paraguay

After two years of growth, supplies from abroad of rigid tubes, pipes and hoses of polymers of vinyl chloride decreased by -34% to X tons in 2022. Overall, imports recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2017 when imports increased by 492% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, vinyl chloride polymer rigid pipes imports dropped modestly to $X in 2022. Over the period under review, imports, however, enjoyed notable growth. The pace of growth was the most pronounced in 2017 when imports increased by 497% against the previous year. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Brazil (X tons) was the main vinyl chloride polymer rigid pipes supplier to Paraguay, accounting for a 92% share of total imports. Moreover, vinyl chloride polymer rigid pipes imports from Brazil exceeded the figures recorded by the second-largest supplier, Argentina (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Brazil was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (-18.3% per year) and Spain (-38.0% per year).

In value terms, Brazil ($X) constituted the largest supplier of rigid tubes, pipes and hoses of polymers of vinyl chloride to Paraguay, comprising 89% of total imports. The second position in the ranking was held by Argentina ($X), with a 5.5% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Brazil totaled +6.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (-15.5% per year) and Spain (-38.3% per year).

Import Prices by Country

In 2022, the average import price for rigid tubes, pipes and hoses of polymers of vinyl chloride amounted to $X per ton, jumping by 45% against the previous year. Overall, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, vinyl chloride polymer rigid pipes import price increased by +70.3% against 2020 indices. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+5.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform