Paraguay: Vegetable Market 2024

Vegetable Market Size in Paraguay

The Paraguayan vegetable market stood at $X in 2022, surging by X% against the previous year. The market value 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. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Vegetable Production in Paraguay

In value terms, vegetable production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Vegetable production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

In 2022, the average yield of vegetables in Paraguay declined modestly to X tons per ha, flattening at the previous year's figure. In general, the yield, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X%. The vegetable yield peaked at X tons per ha in 2021, and then contracted modestly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of vegetables in Paraguay shrank modestly to X ha, remaining constant against the previous year. Over the period under review, the harvested area, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the harvested area increased by X%. The vegetable harvested area peaked at X ha in 2021, and then declined modestly in the following year.

Vegetable Exports

Exports from Paraguay

After three years of decline, shipments abroad of vegetables increased by X% to X tons in 2022. Overall, exports, however, faced a deep contraction. The most prominent rate of growth was recorded in 2018 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, vegetable exports fell to $X in 2022. In general, exports, however, continue to indicate a deep contraction. The pace of growth was the most pronounced in 2018 with an increase of X%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Austria (X tons) was the main destination for vegetable exports from Paraguay, with a X% share of total exports. Moreover, vegetable exports to Austria exceeded the volume sent to the second major destination, Spain (X kg), fivefold.

From 2012 to 2022, the average annual growth rate of volume to Austria stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (X% per year) and the United Arab Emirates (X% per year).

In value terms, the largest markets for vegetable exported from Paraguay were Austria ($X), the United Arab Emirates ($X) and Spain ($X).

In terms of the main countries of destination, Austria, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average vegetable export price amounted to $X per ton, falling by X% against the previous year. Overall, the export price, however, recorded perceptible growth. The growth pace was the most rapid in 2017 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2018 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Austria ($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 Spain (X%), while the prices for the other major destinations experienced a decline.

Vegetable Imports

Imports into Paraguay

In 2022, the amount of vegetables imported into Paraguay was estimated at X tons, almost unchanged from the year before. Overall, imports posted strong growth. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, vegetable imports rose notably to $X in 2022. In general, imports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Imports by Country

In 2022, Argentina (X tons) constituted the largest supplier of vegetable to Paraguay, accounting for a X% share of total imports. Moreover, vegetable imports from Argentina exceeded the figures recorded by the second-largest supplier, Brazil (X tons), fivefold.

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

In value terms, Argentina ($X) constituted the largest supplier of vegetables to Paraguay, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Argentina amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Brazil (X% per year).

Import Prices by Country

In 2022, the average vegetable import price amounted to $X per ton, with an increase of X% against the previous year. Overall, the import price, however, recorded a slight contraction. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices remained 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 China ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform