Preserved Frozen Potato Price in Paraguay - 2023
Contents:
Preserved Frozen Potato Price in Paraguay (CIF) - 2023
The average preserved frozen potato import price stood at $1,556 per ton in November 2023, reducing by -2.5% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.4%. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 8.7% against the previous month. Over the period under review, average import prices attained the peak figure at $1,603 per ton in August 2023; afterwards, it flattened through to November 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Argentina ($1,733 per ton), while the price for China ($759 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Preserved Frozen Potato Imports in Paraguay
In 2022, imports of frozen potatoes prepared or preserved into Paraguay skyrocketed to 8.2K tons, growing by 16% compared with the year before. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +13.0% 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 +65.3% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 42%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, preserved frozen potato imports soared to $9.7M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +14.4% 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 +89.5% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 39%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Preserved Frozen Potato in Paraguay (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 4.5 | 3.4 | 5.2 | 7.2 | 17.0% |
| Netherlands | 1.4 | 1.3 | 1.4 | 1.5 | 2.3% |
| Brazil | N/A | N/A | N/A | 0.7 | 0% |
| Belgium | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| Germany | 0.4 | 0.3 | 0.3 | 0.1 | -37.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.5 | 5.1 | 7.1 | 9.7 | 14.3% |
Top Suppliers of Preserved Frozen Potato to Paraguay in 2022:
- Argentina (5.8K tons)
- Netherlands (1.3K tons)
- Brazil (0.7K tons)
- Belgium (0.2K tons)
- Germany (0.1K tons)
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