Gold Price in Paraguay - 2023
Contents:
Gold Price in Paraguay (FOB) - 2022
In 2022, the average gold export price amounted to $53,166,299 per ton, growing by 6.4% against the previous year. Overall, the export price recorded a buoyant expansion. The growth pace was the most rapid in 2015 when the average export price increased by 489%. The export price peaked in 2022 and is likely to continue growth in years to come.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Portugal ($56,367,735 per ton), while the average price for exports to the United States amounted to $51,117,538 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+8.4%), while the prices for the other major destinations experienced mixed trend patterns.
Gold Exports in Paraguay
In 2022, the amount of gold exported from Paraguay shrank remarkably to 87 kg, falling by -35.1% against 2021. Overall, exports showed a sharp setback. The growth pace was the most rapid in 2021 when exports increased by 86% against the previous year.
In value terms, gold exports declined significantly to $4.6M in 2022. In general, exports saw a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of 98%.
Export of Gold in Paraguay (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 8.0 | 3.3 | 4.0 | 2.7 | -30.4% |
Portugal | N/A | N/A | 2.7 | 1.9 | -29.6% |
Italy | 0.9 | N/A | N/A | N/A | 0% |
Others | N/A | 0.1 | N/A | 0.1 | 0.0% |
Total | 8.8 | 3.4 | 6.7 | 4.6 | -19.4% |
Top Export Markets for Gold from Paraguay in 2022:
- United States (52.0 kg)
- Portugal (34.0 kg)
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