Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Paraguay - 2024

Contents:

  1. Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Paraguay (CIF) - 2024
  2. Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Paraguay (FOB) - 2022
  3. Imports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Paraguay
  4. Exports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Paraguay

Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Paraguay (CIF) - 2024

The average import price for articles of apparel and clothing accessories, of leather or of composition leather stood at $9.0 per unit in January 2024, rising by 100% against the previous month. In general, the import price, however, showed a pronounced descent. The pace of growth was the most pronounced in March 2023 when the average import price increased by 552% against the previous month. As a result, import price reached the peak level of $42.5 per unit. From April 2023 to January 2024, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Brazil ($38.4 per unit), while the price for Hong Kong SAR ($2.4 per unit) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Brazil (+10.5%), while the prices for the other major suppliers experienced a decline.

Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Paraguay (FOB) - 2022

In 2022, the average export price for articles of apparel and clothing accessories, of leather or of composition leather amounted to $37 per unit, surging by 175% against the previous year. Over the period under review, the export price recorded moderate growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Argentina ($47 per unit), while the average price for exports to Chile ($5 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 Germany (+33.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Paraguay

In 2022, the amount of articles of apparel and clothing accessories, of leather or of composition leather imported into Paraguay declined modestly to 119K units, falling by -4.7% on 2021 figures. Overall, imports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 50%. Imports peaked at 196K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of articles of apparel and clothing accessories, of leather or of composition leather skyrocketed to $1.1M in 2022. Over the period under review, imports continue to indicate a noticeable slump. Imports peaked at $1.3M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China482231375360-9.3%
Brazil1991141101990.0%
Mexico6.08.810.743.593.5%
United States79.015.628.035.4-23.5%
Pakistan13118.923.017.2-49.2%
Others3862412774485.1%
Total1,2836298231,103-4.9%

Top Suppliers of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather to Paraguay in 2022:

  1. China (92.7K units)
  2. Brazil (9.9K units)
  3. Mexico (5.2K units)
  4. United States (2.2K units)
  5. Pakistan (0.7K units)

Exports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Paraguay

In 2022, shipments abroad of articles of apparel and clothing accessories, of leather or of composition leather was finally on the rise to reach 11K units after two years of decline. Overall, exports, however, saw a deep contraction. Over the period under review, the exports of hit record highs at 15K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of articles of apparel and clothing accessories, of leather or of composition leather surged to $390K in 2022. In general, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ArgentinaN/A0.70.43382097.4%
Uruguay0.2N/A13.518.4351.4%
United States50.211417.813.7-35.1%
Brazil79.0N/A3.44.6-61.2%
Others19.0N/A2.914.4-8.8%
Total14811537.939038.1%

Top Export Markets for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather from Paraguay in 2022:

  1. Argentina (7.2K units)
  2. Uruguay (2.1K units)
  3. United States (0.7K units)
  4. Brazil (0.4K units)

Source: IndexBox Market Intelligence Platform

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