Isolating Switch Price in Paraguay - 2023

Isolating Switch Price in Paraguay (CIF) - 2022

In 2022, the average isolating switch import price amounted to $31 per unit, picking up by 48% against the previous year. In general, the import price enjoyed tangible growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($82 per unit), while the price for India ($12 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Isolating Switch Price in Paraguay (FOB) - 2022

In 2022, the average isolating switch export price amounted to $17 per unit, dropping by -85% against the previous year. In general, the export price, however, continues to indicate buoyant growth. The pace of growth appeared the most rapid in 2016 when the average export price decreased by -84.8% against the previous year. Over the period under review, the average export prices hit record highs at $112 per unit in 2021, and then dropped remarkably in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to +67.3% per year.

Isolating Switch Imports in Paraguay

In 2022, isolating switch imports into Paraguay soared to 252K units, jumping by 147% compared with the year before. Overall, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, isolating switch imports skyrocketed to $7.7M in 2022. Over the period under review, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Isolating Switch in Paraguay (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Russia	N/A	N/A	N/A	3,064	0%
Germany	12.2	14.3	24.3	1,648	413.1%
Brazil	886	843	652	1,304	13.7%
Italy	343	113	229	941	40.0%
India	37.2	43.8	50.6	451	129.7%
China	23.9	61.3	79.0	85.0	52.6%
Colombia	55.8	377	64.0	N/A	7.1%
Others	539	649	1,010	245	-23.1%
Total	1,896	2,103	2,109	7,737	59.8%

Top Suppliers of Isolating Switch to Paraguay in 2022:

Brazil (75.0K units)
Italy (58.0K units)
Russia (37.5K units)
India (37.4K units)
Germany (33.4K units)
China (6.3K units)

Isolating Switch Exports in Paraguay

In 2022, approx. 421 units of isolating switches & make-and-break switches were exported from Paraguay; with an increase of 234% on the previous year's figure. Over the period under review, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, isolating switch exports shrank sharply to $7.1K in 2022. In general, exports, however, recorded a dramatic slump. Over the period under review, the exports hit record highs at $14K in 2021, and then reduced sharply in the following year.