Electric Rotary Converter Price in Paraguay - 2022

Contents:

  1. Electric Rotary Converter Price in Paraguay (CIF) - 2022
  2. Electric Rotary Converter Price in Paraguay (FOB) - 2022
  3. Electric Rotary Converter Imports in Paraguay
  4. Electric Rotary Converter Exports in Paraguay

Electric Rotary Converter Price in Paraguay (CIF) - 2022

In 2022, the average electric rotary converter import price amounted to $140 per unit, increasing by 5.9% against the previous year. In general, the import price, however, saw a deep contraction. The most prominent rate of growth was recorded in 2017 an increase of 74%. Over the period under review, average import prices hit record highs at $418 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 Spain ($648 per unit), while the price for the United States ($1.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+31.9%), while the prices for the other major suppliers experienced a decline.

Electric Rotary Converter Price in Paraguay (FOB) - 2022

In 2022, the average electric rotary converter export price amounted to $1,721 per unit, dropping by -2.6% against the previous year. In general, the export price, however, continues to indicate measured growth. The pace of growth appeared the most rapid in 2016 when the average export price increased by 11% against the previous year. Over the period under review, the average export prices hit record highs at $1,811 per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Brazil.

From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to +17.1% per year.

Electric Rotary Converter Imports in Paraguay

In 2022, supplies from abroad of electric rotary converters decreased by -4% to 290 units for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 173%. Imports peaked at 302 units in 2021, and then reduced in the following year.

In value terms, electric rotary converter imports expanded slightly to $41K in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +23.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +88.9% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 71% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Import of Electric Rotary Converter in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain1.211.011.012.1116.0%
Italy1.42.30.51.64.6%
Austria0.80.91.01.214.5%
China4.51.70.60.1-71.9%
United States0.21.22.3N/A239.1%
DenmarkN/AN/A4.9N/A0%
Taiwan (Chinese)N/A2.9N/AN/A0%
Others13.516.819.725.824.1%
Total21.636.940.040.723.5%

Top Suppliers of Electric Rotary Converter to Paraguay in 2022:

  1. Italy (261.0 units)
  2. Spain (19.0 units)
  3. United States (8.0 units)
  4. Austria (2.0 units)

Electric Rotary Converter Exports in Paraguay

After three years of growth, overseas shipments of electric rotary converters decreased by -5.9% to 16 units in 2022. The total export volume increased at an average annual rate of +10.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 21%. As a result, the exports reached the peak of 17 units, and then reduced in the following year.

In value terms, electric rotary converter exports reduced to $28K in 2022. The total export value increased at an average annual rate of +9.7% over the period from 2019 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 2021 when exports increased by 20%. As a result, the exports reached the peak of $30K, and then fell in the following year.

Export of Electric Rotary Converter in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil20.925.030.027.59.6%
OthersN/AN/AN/AN/A0%
Total20.925.030.027.59.6%

Top Export Markets for Electric Rotary Converter from Paraguay in 2022:

  1. Brazil (16.0 units)

Source: IndexBox Market Intelligence Platform

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