Price for Iron Oxides and Hydroxides in Paraguay - 2023
Contents:
- Price for Iron Oxides and Hydroxides in Paraguay (CIF) - 2022
- Price for Iron Oxides and Hydroxides in Paraguay (FOB) - 2022
- Imports of Iron Oxides and Hydroxides in Paraguay
- Exports of Iron Oxides and Hydroxides in Paraguay
Price for Iron Oxides and Hydroxides in Paraguay (CIF) - 2022
The average iron oxides and hydroxides import price stood at $2,196 per ton in 2022, with an increase of 21% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.8%. As a result, import price reached 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 Argentina ($2,934 per ton), while the price for Germany ($1,246 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron Oxides and Hydroxides in Paraguay (FOB) - 2022
In 2022, the average iron oxides and hydroxides export price amounted to $100,000 per ton, standing approx. at the previous year. Overall, the export price continues to indicate significant growth. The pace of growth appeared the most rapid in 2021 when the average export price decreased by 99.9% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Argentina.
From 2018 to 2022, the rate of growth in terms of prices for Argentina amounted to +1,423.2% per year.
Imports of Iron Oxides and Hydroxides in Paraguay
In 2022, imports of iron oxides and hydroxideses into Paraguay rose markedly to 279 tons, increasing by 6.9% on 2021. Over the period under review, imports, however, showed a relatively flat trend pattern.
In value terms, iron oxides and hydroxides imports soared to $612K in 2022. The total import value increased at an average annual rate of +10.9% 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 Iron Oxides and Hydroxides in Paraguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 127 | 105 | 163 | 300 | 33.2% |
| Brazil | 175 | 163 | 199 | 164 | -2.1% |
| Germany | 83.0 | 81.7 | 50.3 | 55.5 | -12.6% |
| Argentina | 25.9 | 17.9 | 37.5 | 29.5 | 4.4% |
| Colombia | 6.1 | 7.0 | 10.7 | 14.0 | 31.9% |
| Canada | N/A | 8.7 | N/A | N/A | 0% |
| Others | 32.3 | 43.5 | 14.6 | 48.4 | 14.4% |
| Total | 449 | 426 | 475 | 612 | 10.9% |
Top Suppliers of Iron Oxides and Hydroxides to Paraguay in 2022:
- China (146.0 tons)
- Brazil (70.3 tons)
- Germany (44.6 tons)
- Argentina (10.1 tons)
- Colombia (6.3 tons)
Exports of Iron Oxides and Hydroxides in Paraguay
Iron oxides and hydroxides exports from Paraguay stood at 3 kg in 2022, approximately reflecting 2021 figures. Over the period under review, exports showed a dramatic slump. The smallest decline of 99.9% was in 2021.
In value terms, iron oxides and hydroxides exports amounted to $300 in 2022. In general, exports showed a abrupt contraction. The smallest decline of 99.9% was in 2021.
| Export of Iron Oxides and Hydroxides in Paraguay (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Argentina | 408 | N/A | 300 | -14.3% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 408 | N/A | 300 | -14.3% | |
Top Export Markets for Iron Oxides and Hydroxides from Paraguay in 2022:
- Argentina (3.0 kg)
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