Paraguay: Accumulator Market 2024

Accumulator Market Size in Paraguay

In 2022, the Paraguayan accumulator market increased by X% to $X, rising for the second year in a row after three years of decline. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Accumulator consumption peaked in 2022 and is expected to retain growth in the immediate term.

Accumulator Exports

Exports from Paraguay

In 2022, approx. X units of electric accumulators were exported from Paraguay; rising by X% compared with the previous year's figure. Over the period under review, exports, however, showed a mild decrease. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, the exports attained the peak of X units. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, accumulator exports surged to $X in 2022. Overall, exports, however, saw a slight contraction. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Chile (X units) was the main destination for accumulator exports from Paraguay, with a X% share of total exports. Moreover, accumulator exports to Chile exceeded the volume sent to the second major destination, Guyana (X units), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Chile amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guyana (X% per year) and Brazil (X% per year).

In value terms, Chile ($X) emerged as the key foreign market for electric accumulators exports from Paraguay, comprising X% of total exports. The second position in the ranking was taken by Guyana ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Chile totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guyana (X% per year) and Brazil (X% per year).

Export Prices by Country

In 2022, the average accumulator export price amounted to $X per unit, surging by X% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X%. As a result, the export price reached the peak level of $X per unit. From 2019 to 2022, the average 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 Brazil ($X per unit), while the average price for exports to Guyana ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (X%), while the prices for the other major destinations experienced mixed trend patterns.

Accumulator Imports

Imports into Paraguay

In 2022, the amount of electric accumulators imported into Paraguay skyrocketed to X units, jumping by X% on the year before. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, accumulator imports soared to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

Imports by Country

China (X units), Brazil (X units) and Bolivia (X units) were the main suppliers of accumulator imports to Paraguay, together comprising X% of total imports. South Korea, the United States and India lagged somewhat behind, together accounting for a further X%.

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

In value terms, Brazil ($X), China ($X) and Bolivia ($X) constituted the largest accumulator suppliers to Paraguay, together accounting for X% of total imports. South Korea, the United States and India lagged somewhat behind, together accounting for a further X%.

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

Import Prices by Country

In 2022, the average accumulator import price amounted to $X per unit, waning by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($X per unit), while the price for China ($X per unit) 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 more modest paces of growth.

Source: IndexBox Platform

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