Non-Liquid Margarine Price in Paraguay - 2023
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Non-Liquid Margarine Price in Paraguay (CIF) - 2022
The average non-liquid margarine import price stood at $1,590 per ton in 2022, growing by 36% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. As a result, import price attained 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 Chile ($3,528 per ton), while the price for Brazil ($1,507 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+34.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Non-Liquid Margarine Imports in Paraguay
In 2022, supplies from abroad of non-liquid margarine decreased by -40.2% to 1.9K tons, falling for the second year in a row after two years of growth. Overall, imports saw a deep slump. The growth pace was the most rapid in 2020 with an increase of 32% against the previous year. As a result, imports attained the peak of 3.5K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, non-liquid margarine imports dropped dramatically to $3.1M in 2022. The total import value increased at an average annual rate of +3.0% 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 2020 when imports increased by 24% against the previous year.
| Import of Non-Liquid Margarine in Paraguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 2,145 | 2,852 | 3,106 | 2,705 | 8.0% |
| Chile | 143 | 337 | 288 | 177 | 7.4% |
| Colombia | 43.9 | 90.7 | 148 | 91.1 | 27.6% |
| Argentina | 463 | 208 | 210 | 85.7 | -43.0% |
| Others | 8.5 | N/A | N/A | 0.4 | -63.9% |
| Total | 2,803 | 3,488 | 3,752 | 3,060 | 3.0% |
Top Suppliers of Non-Liquid Margarine to Paraguay in 2022:
- Brazil (1794.8 tons)
- Chile (50.3 tons)
- Argentina (43.1 tons)
- Colombia (36.0 tons)
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