Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Paraguay - 2024

Contents:

  1. Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Paraguay (CIF) - 2022
  2. Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Paraguay (FOB) - 2022
  3. Imports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Paraguay
  4. Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Paraguay

Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Paraguay (CIF) - 2022

In 2022, the average import price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) amounted to $2,827 per ton, surging by 8.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The pace of growth appeared the most rapid in 2014 when the average import price increased by 16%. As a result, import price attained the peak level of $2,926 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

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 Argentina ($3,683 per ton), while the price for Hong Kong SAR ($1,863 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Paraguay (FOB) - 2022

The average export price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) stood at $1,618 per ton in 2022, almost unchanged from the previous year. In general, the export price showed a deep contraction. The pace of growth appeared the most rapid in 2015 when the average export price decreased by -12.5%. The export price peaked at $49,679 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Uruguay amounted to -12.1% per year.

Imports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Paraguay

In 2022, imports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) into Paraguay rose sharply to 941 tons, growing by 13% on 2021 figures. The total import volume increased at an average annual rate of +8.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) surged to $2.7M in 2022. The total import value increased at an average annual rate of +10.9% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil1,0071,0081,3581,51414.6%
United States7.725.665.9471294.0%
China254451311218-5.0%
Argentina304122110128-25.0%
Hong Kong SARN/A27.211493.885.7%
Others377238212235-14.6%
Total1,9501,8712,1702,66010.9%

Top Suppliers of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) to Paraguay in 2022:

  1. Brazil (579.0 tons)
  2. United States (176.4 tons)
  3. China (86.9 tons)
  4. Hong Kong SAR (50.4 tons)
  5. Argentina (34.9 tons)

Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Paraguay

In 2022, after two years of decline, there was decline in overseas shipments of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics), when their volume decreased by 0% to 55 kg. Over the period under review, exports recorded a precipitous contraction. The smallest decline of 99.9% was in 2020.

In value terms, exports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) amounted to $89 in 2022. In general, exports showed a sharp contraction. The smallest decline of 99.9% was in 2020.

Export of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Paraguay (USD)
COUNTRY2019202020212022CAGR,
2019-2022
ArgentinaN/AN/AN/A89.00%
Colombia491N/AN/AN/A0%
Uruguay780N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total1,271N/AN/A89.0-58.8%

Top Export Markets for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) from Paraguay in 2022:

  1. Argentina (55.0 kg)

Source: IndexBox Market Intelligence Platform

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