Paraguay: Sulphuric Acid Market 2025

Sulphuric Acid Market Size in Paraguay

The Paraguayan sulphuric acid market totaled $X in 2022, stabilizing at the previous year. Over the period under review, consumption continues to indicate a notable increase. Sulphuric acid consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Sulphuric Acid Production in Paraguay

In value terms, sulphuric acid production amounted to $X in 2022 estimated in export price. In general, production showed a tangible increase. The most prominent rate of growth was recorded in 2017 when the production volume increased by 75% against the previous year. Sulphuric acid production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Sulphuric Acid Exports

Exports from Paraguay

In 2022, exports of sulphuric acid and oleum from Paraguay fell markedly to X tons, waning by -40.8% on 2021 figures. Over the period under review, exports continue to indicate a dramatic downturn. The exports peaked at X tons in 2021, and then shrank remarkably in the following year.

In value terms, sulphuric acid exports shrank notably to $X in 2022. In general, exports continue to indicate a dramatic descent. The exports peaked at $X in 2021, and then contracted remarkably in the following year.

Exports by Country

Brazil (X tons) was the main destination for sulphuric acid exports from Paraguay, with a approx. 100% share of total exports.

From 2021 to 2022, the average annual growth rate of volume to Brazil totaled -40.8%.

In value terms, Brazil ($X) also remains the key foreign market for sulphuric acid and oleum exports from Paraguay.

From 2021 to 2022, the average annual growth rate of value to Brazil stood at -48.0%.

Export Prices by Country

In 2022, the average sulphuric acid export price amounted to $X per ton, with a decrease of -12.3% against the previous year. Overall, the export price showed a deep contraction. The export price peaked at $X per ton in 2021, and then dropped in the following year.

As there is only one major export destination, the average price level is determined by prices for Brazil.

From 2021 to 2022, the rate of growth in terms of prices for Brazil amounted to -12.3% per year.

Sulphuric Acid Imports

Imports into Paraguay

In 2022, the amount of sulphuric acid and oleum imported into Paraguay declined rapidly to X tons, which is down by -37.1% against 2021 figures. Over the period under review, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2017 when imports increased by 5,061% against the previous year. Imports peaked at X tons in 2021, and then fell notably in the following year.

In value terms, sulphuric acid imports reduced sharply to $X in 2022. Overall, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2017 when imports increased by 717% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021, and then reduced sharply in the following year.

Imports by Country

In 2022, Uruguay (X tons) was the main supplier of sulphuric acid to Paraguay, accounting for a 96% share of total imports. Moreover, sulphuric acid imports from Uruguay exceeded the figures recorded by the second-largest supplier, Spain (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from Uruguay totaled -37.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+35.8% per year) and India (-65.2% per year).

In value terms, Uruguay ($X) constituted the largest supplier of sulphuric acid and oleum to Paraguay, comprising 75% of total imports. The second position in the ranking was held by Spain ($X), with an 18% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Uruguay stood at -39.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+48.1% per year) and India (-47.7% per year).

Import Prices by Country

In 2022, the average sulphuric acid import price amounted to $X per ton, rising by 21% against the previous year. Overall, the import price, however, recorded a significant decline. The most prominent rate of growth was recorded in 2018 when the average import price increased by 815%. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat 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 India ($X per ton), while the price for Uruguay ($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 (+50.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform