Pharmaceutical Goods Price in Paraguay - 2024

Contents:

1. Pharmaceutical Goods Price in Paraguay (CIF) - 2022
2. Pharmaceutical Goods Price in Paraguay (FOB) - 2022
3. Pharmaceutical Goods Imports in Paraguay
4. Pharmaceutical Goods Exports in Paraguay

Pharmaceutical Goods Price in Paraguay (CIF) - 2022

The average pharmaceutical goods import price stood at $97,351 per ton in 2022, rising by 4% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 20%. As a result, import price reached the peak level of $116,229 per ton. From 2021 to 2022, the average import prices remained at a lower figure.

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 Uruguay ($153,505 per ton), while the price for China ($35,689 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Pharmaceutical Goods Price in Paraguay (FOB) - 2022

In 2022, the average pharmaceutical goods export price amounted to $104,097 per ton, with an increase of 7% against the previous year. Over the period under review, the export price posted significant growth. The export price peaked at $234,062 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($468,974 per ton), while the average price for exports to Brazil ($14,575 per ton) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+49.4%), while the prices for the other major destinations experienced mixed trend patterns.

Pharmaceutical Goods Imports in Paraguay

Pharmaceutical goods imports into Paraguay rose slightly to 117 tons in 2022, with an increase of 1.8% compared with the previous year. Overall, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 64% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, pharmaceutical goods imports rose rapidly to $11M in 2022. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 32%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

Top Suppliers of Pharmaceutical Goods to Paraguay in 2022:

1. Brazil (17.8 tons)
2. Spain (15.5 tons)
3. India (14.4 tons)
4. Germany (11.9 tons)
5. United States (8.8 tons)
6. France (8.7 tons)
7. Uruguay (7.4 tons)
8. Chile (6.6 tons)
9. Italy (5.5 tons)
10. Argentina (3.8 tons)
11. Mexico (2.6 tons)
12. Peru (2.3 tons)
13. China (1.1 tons)

Pharmaceutical Goods Exports in Paraguay

Pharmaceutical goods exports from Paraguay skyrocketed to 1.7 tons in 2022, surging by 50% compared with 2021. Over the period under review, exports saw significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 4,007%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, pharmaceutical goods exports soared to $174K in 2022. In general, exports showed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 2,353%. The exports peaked in 2022 and are expected to retain growth in years to come.

Top Export Markets for Pharmaceutical Goods from Paraguay in 2022:

1. Ecuador (1028.0 kg)
2. Brazil (348.0 kg)
3. Bolivia (128.0 kg)
4. Turkey (117.0 kg)
5. Germany (27.0 kg)

Source: IndexBox Market Intelligence Platform