Paraguay: Market for Residential, Commercial and Industrial Lighting Fixture 2024

Market Size for Residential, Commercial and Industrial Lighting Fixture in Paraguay

The Paraguayan market for residential, commercial and industrial lighting fixture surged to $X in 2021, rising by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw strong growth. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Exports of Residential, Commercial and Industrial Lighting Fixture

Exports from Paraguay

In 2021, approx. X units of residential, commercial and industrial lighting fixture were exported from Paraguay; dropping by X% on 2020 figures. In general, exports continue to indicate a dramatic curtailment. The exports peaked at X units in 2020, and then fell significantly in the following year.

In value terms, exports of residential, commercial and industrial lighting fixture contracted markedly to $X in 2021. Overall, exports faced a dramatic setback. The most prominent rate of growth was recorded in 2017 with an increase of X%. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Brazil (X units), Poland (X units) and Uruguay (X units) were the main destinations of exports of residential, commercial and industrial lighting fixture from Paraguay. Moreover, exports of residential, commercial and industrial lighting fixture in Brazil exceeded the figures recorded by the second-largest exporter, Poland, more than tenfold.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Brazil (with a CAGR of X%), while the other leaders experienced a decline.

In value terms, the largest markets for residential, commercial and industrial lighting fixture exported from Paraguay were Brazil ($X), Poland ($X) and Uruguay ($X).

In terms of the main countries of destination, Brazil, with a CAGR of X%, recorded 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

The average export price for residential, commercial and industrial lighting fixture stood at less than $X per unit in 2022, with a decrease of X% against the previous year. Over the period under review, the export price recorded a precipitous descent. The growth pace was the most rapid in 2021 a decrease of X% against the previous year. The export price peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($X per unit), while the average price for exports to Poland ($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.

Imports of Residential, Commercial and Industrial Lighting Fixture

Imports into Paraguay

In 2021, imports of residential, commercial and industrial lighting fixture into Paraguay skyrocketed to X units, growing by X% on 2020 figures. In general, imports saw a resilient increase. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Imports peaked at X units in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, imports of residential, commercial and industrial lighting fixture surged to $X in 2021. Overall, total imports indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by X% against 2018 indices. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports of reached the peak figure at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X units), Brazil (X units) and Argentina (X units) were the main suppliers of imports of residential, commercial and industrial lighting fixture to Paraguay, together comprising X% of total imports. Hong Kong SAR and Uruguay lagged somewhat behind, together accounting for a further X%. Moreover, imports of residential, commercial and industrial lighting fixture in China exceeded the figures recorded by the second-largest supplier, Brazil, fivefold.

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

In value terms, China ($X), Brazil ($X) and Argentina ($X) constituted the largest residential, commercial and industrial lighting fixture suppliers to Paraguay, with a combined X% share of total imports. Hong Kong SAR and Uruguay lagged somewhat behind, together accounting for a further X%. Moreover, imports of residential, commercial and industrial lighting fixture in China exceeded the figures recorded by the second-largest supplier, Brazil, fivefold.

Among the main suppliers, Uruguay, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, 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 import price for residential, commercial and industrial lighting fixture amounted to less than $X per unit, reducing by X% against the previous year. In general, the import price showed a abrupt downturn. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 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 Argentina ($X per unit), while the price for Brazil ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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