Paraguay: Market for Saturated Acyclic Monocarboxylic Acids 2024

Market Size for Saturated Acyclic Monocarboxylic Acids in Paraguay

After two years of growth, the Paraguayan saturated acyclic monocarboxylic acids market decreased by X% to $X in 2022. Overall, the total consumption indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2016 indices. Over the period under review, the market reached the peak level at $X in 2021, and then contracted in the following year.

Exports of Saturated Acyclic Monocarboxylic Acids

Exports from Paraguay

In 2022, overseas shipments of saturated acyclic monocarboxylic acids increased by X% to X tons, rising for the third consecutive year after two years of decline. Overall, exports continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2021 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, saturated acyclic monocarboxylic acids exports soared to $X in 2022. Over the period under review, exports recorded strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Uruguay (X tons) was the main destination for saturated acyclic monocarboxylic acids exports from Paraguay, accounting for a X% share of total exports. Moreover, saturated acyclic monocarboxylic acids exports to Uruguay exceeded the volume sent to the second major destination, Argentina (X tons), threefold. The third position in this ranking was taken by India (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Uruguay stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (X% per year) and India (X% per year).

In value terms, Uruguay ($X), India ($X) and Argentina ($X) appeared to be the largest markets for saturated acyclic monocarboxylic acids exported from Paraguay worldwide, with a combined X% share of total exports.

Argentina, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average saturated acyclic monocarboxylic acids export price stood at $X per ton in 2022, picking up by X% against the previous year. In general, the export price, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

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

Imports of Saturated Acyclic Monocarboxylic Acids

Imports into Paraguay

In 2022, after two years of growth, there was significant decline in supplies from abroad of saturated acyclic monocarboxylic acids, when their volume decreased by X% to X tons. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2021, and then declined sharply in the following year.

In value terms, saturated acyclic monocarboxylic acids imports expanded modestly to $X in 2022. Over the period under review, total imports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2016 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

China (X tons), Brazil (X tons) and the United States (X tons) were the main suppliers of saturated acyclic monocarboxylic acids imports to Paraguay, together accounting for X% of total imports. Spain, Germany, Colombia, Italy, Canada, Argentina, South Korea, India and Sweden lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Colombia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), China ($X) and India ($X) appeared to be the largest saturated acyclic monocarboxylic acids suppliers to Paraguay, with a combined X% share of total imports. Italy, Spain, Germany, the United States, Colombia, Canada, Argentina, South Korea and Sweden lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Colombia, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average saturated acyclic monocarboxylic acids import price stood at $X per ton in 2022, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 India ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform