Paraguay: Spirits And Liqueurs Market 2024

Spirits And Liqueurs Market Size in Paraguay

In 2022, the Paraguayan spirits and liqueurs market increased by X% to $X, rising for the second consecutive year after two years of decline. Overall, the total consumption indicated a slight 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, consumption increased by X% against 2020 indices. Over the period under review, the market hit record highs in 2022 and is likely to see steady growth in years to come.

Spirits And Liqueurs Exports

Exports from Paraguay

In 2022, the amount of spirits, liqueurs and other spirituous beverages exported from Paraguay surged to X litres, with an increase of X% against 2021 figures. Overall, exports posted a prominent expansion. The pace of growth appeared the most rapid in 2016 when exports increased by X%. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in years to come.

In value terms, spirits and liqueurs exports soared to $X in 2022. In general, exports continue to indicate prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The Netherlands (X litres), France (X litres) and Brazil (X litres) were the main destinations of spirits and liqueurs exports from Paraguay, with a combined X% share of total exports.

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

In value terms, the largest markets for spirits and liqueurs exported from Paraguay were France ($X), Brazil ($X) and the Netherlands ($X), together comprising X% of total exports.

France, with a CAGR of X%, recorded the highest growth rate of 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 spirits and liqueurs export price stood at $X per litre in 2022, which is down by X% against the previous year. In general, the export price, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure at $X per litre in 2021, and then dropped in the following year.

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

Spirits And Liqueurs Imports

Imports into Paraguay

In 2022, overseas purchases of spirits, liqueurs and other spirituous beverages increased by X% to X litres, rising for the second year in a row after two years of decline. In general, total imports indicated temperate growth from 2012 to 2022: its volume 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 2020 indices. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, spirits and liqueurs imports skyrocketed to $X in 2022. Overall, imports showed a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Brazil (X litres), the UK (X litres) and the United States (X litres) were the main suppliers of spirits and liqueurs imports to Paraguay, with a combined X% share of total imports. Spain, Argentina, Germany, Mexico, South Africa and Sweden lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X) constituted the largest supplier of spirits, liqueurs and other spirituous beverages to Paraguay, comprising X% of total imports. The second position in the ranking was taken by Brazil ($X), with a X% share of total imports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the UK totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (X% per year) and the United States (X% per year).

Import Prices by Country

The average spirits and liqueurs import price stood at $X per litre in 2022, with an increase of X% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable curtailment. Over the period under review, average import prices reached the peak figure at $X per litre in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 the United States ($X per litre), while the price for Brazil ($X per litre) was amongst the lowest.

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

Source: IndexBox Platform