Price for Chain and Parts Thereof, of Iron or Steel in Paraguay - 2024
Contents:
- Price for Chain and Parts Thereof, of Iron or Steel in Paraguay (CIF) - 2022
- Price for Chain and Parts Thereof, of Iron or Steel in Paraguay (FOB) - 2022
- Imports of Chain and Parts Thereof, of Iron or Steel in Paraguay
- Exports of Chain and Parts Thereof, of Iron or Steel in Paraguay
Price for Chain and Parts Thereof, of Iron or Steel in Paraguay (CIF) - 2022
The average import price for chain and parts thereof, of iron or steel stood at $4,098 per ton in 2022, surging by 14% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 23%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see steady growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($15,409 per ton), while the price for Hong Kong SAR ($1,743 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Chain and Parts Thereof, of Iron or Steel in Paraguay (FOB) - 2022
The average export price for chain and parts thereof, of iron or steel stood at $5,724 per ton in 2022, with a decrease of -35.2% against the previous year. Over the period under review, the export price showed a abrupt contraction. The pace of growth was the most pronounced in 2014 an increase of 185% against the previous year. Over the period under review, the average export prices reached the peak figure at $20,667 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($18,635 per ton), while the average price for exports to Guyana ($1,600 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 Ecuador (+24.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Chain and Parts Thereof, of Iron or Steel in Paraguay
In 2022, the amount of chain and parts thereof, of iron or steel imported into Paraguay surged to 2.3K tons, increasing by 23% compared with the year before. The total import volume increased at an average annual rate of +4.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 24% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of chain and parts thereof, of iron or steel soared to $9.6M in 2022. Overall, imports recorded a remarkable increase. The growth pace was the most rapid in 2021 with an increase of 52%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Chain and Parts Thereof, of Iron or Steel in Paraguay (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.8 | 2.1 | 3.1 | 4.5 | 17.1% |
| Brazil | 1.3 | 1.1 | 2.1 | 2.7 | 27.6% |
| United States | 0.5 | 0.4 | 0.5 | 0.7 | 11.9% |
| Hong Kong SAR | N/A | N/A | N/A | 0.1 | 0% |
| Others | 1.5 | 0.9 | 1.2 | 1.6 | 2.2% |
| Total | 6.1 | 4.5 | 6.8 | 9.6 | 16.3% |
Top Suppliers of Chain and Parts Thereof, of Iron or Steel to Paraguay in 2022:
- China (1832.9 tons)
- Brazil (297.4 tons)
- Hong Kong SAR (51.2 tons)
- United States (43.1 tons)
Exports of Chain and Parts Thereof, of Iron or Steel in Paraguay
In 2022, overseas shipments of chain and parts thereof, of iron or steel increased by 1,296% to 5.9 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of chain and parts thereof, of iron or steel soared to $34K in 2022. Over the period under review, exports recorded a buoyant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Chain and Parts Thereof, of Iron or Steel in Paraguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 23.7 | 11.3 | 5.2 | 21.3 | -3.5% |
| Guyana | N/A | N/A | N/A | 6.0 | 0% |
| Argentina | N/A | N/A | N/A | 4.3 | 0% |
| Brazil | N/A | 0.5 | N/A | 0.1 | -55.3% |
| Others | N/A | 0.3 | N/A | 2.2 | 170.8% |
| Total | 23.7 | 12.2 | 5.2 | 33.9 | 12.7% |
Top Export Markets for Chain and Parts Thereof, of Iron or Steel from Paraguay in 2022:
- Guyana (3.7 tons)
- United States (1.1 tons)
- Argentina (1.0 tons)
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