Preserved Sauerkraut Price in Paraguay - 2023

Preserved Sauerkraut Price in Paraguay (CIF) - 2023

In November 2023, the average preserved sauerkraut import price amounted to $1,442 per ton, which is down by -10.2% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 an increase of 69% m-o-m. Over the period under review, average import prices attained the peak figure at $2,951 per ton in January 2023; however, from February 2023 to November 2023, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In November 2023, the country with the highest price was Brazil ($1,361 per ton), while the price for Spain stood at $1,147 per ton.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Brazil (+0.1%), while the prices for the other major suppliers experienced a decline.

Preserved Sauerkraut Price in Paraguay (FOB) - 2022

In 2022, the average preserved sauerkraut export price amounted to $2,929 per ton, increasing by 6.5% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average export price increased by 99% against the previous year. As a result, the export price reached the peak level of $5,398 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to -1.1% per year.

Preserved Sauerkraut Imports in Paraguay

In 2022, the amount of preserved sauerkraut imported into Paraguay reduced to 725 tons, shrinking by -9.6% against the previous year's figure. The total import volume increased at an average annual rate of +1.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 19% against the previous year. As a result, imports reached the peak of 802 tons, and then fell in the following year.

In value terms, preserved sauerkraut imports amounted to $1M in 2022. The total import value increased at an average annual rate of +8.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 33%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

Import of Preserved Sauerkraut in Paraguay (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Brazil	512	448	600	801	16.1%
Spain	77.4	60.1	121	50.8	-13.1%
Argentina	6.3	10.1	15.2	40.2	85.5%
Others	218	223	253	143	-13.1%
Total	815	741	988	1,036	8.3%

Top Suppliers of Preserved Sauerkraut to Paraguay in 2022:

Brazil (632.1 tons)
Argentina (35.7 tons)
Spain (19.3 tons)

Preserved Sauerkraut Exports in Paraguay

After two years of decline, shipments abroad of preserved sauerkraut increased by 250% to 14 kg in 2022. Overall, exports, however, showed a abrupt setback.

In value terms, preserved sauerkraut exports soared to $41 in 2022. Over the period under review, exports, however, faced a deep setback.