Price for Lac; Natural Gums, Resins, Gum-Resins and Balsams in Paraguay - 2024
Contents:
- Price for Lac; Natural Gums, Resins, Gum-Resins and Balsams in Paraguay (CIF) - 2022
- Imports of Lac; Natural Gums, Resins, Gum-Resins and Balsams in Paraguay
Price for Lac; Natural Gums, Resins, Gum-Resins and Balsams in Paraguay (CIF) - 2022
In 2022, the average import price for lac; natural gums, resins, gum-resins and balsamses amounted to $4,637 per ton, with an increase of 2.9% against the previous year. Over the period under review, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for lac; natural gums, resins, gum-resins and balsamses increased by +3.8% against 2020 indices. The pace of growth was the most pronounced in 2016 an increase of 57% against the previous year. Over the period under review, average import prices reached the maximum at $5,554 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($21,627 per ton), while the price for Argentina ($1,422 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+15.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Lac; Natural Gums, Resins, Gum-Resins and Balsams in Paraguay
In 2022, approx. 23 tons of lac; natural gums, resins, gum-resins and balsamses were imported into Paraguay; waning by -23% compared with the previous year's figure. Over the period under review, imports saw a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 67%.
In value terms, imports of lac; natural gums, resins, gum-resins and balsamses contracted markedly to $108K in 2022. Overall, imports saw a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 69% against the previous year.
| Import of Lac; Natural Gums, Resins, Gum-Resins and Balsams in Paraguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 28.4 | 13.6 | 34.9 | 75.5 | 38.5% |
| India | 4.0 | 2.3 | 1.8 | 10.8 | 39.2% |
| Argentina | 0.2 | 0.3 | N/A | 7.3 | 231.7% |
| Sudan | 5.8 | 3.1 | 2.4 | 5.2 | -3.6% |
| Kenya | 2.5 | 2.1 | 1.7 | 3.0 | 6.3% |
| France | 45.1 | 0.1 | 0.1 | 0.1 | -87.0% |
| Chile | 4.1 | 1.9 | 2.6 | N/A | -20.4% |
| China | 34.9 | 17.5 | 26.8 | N/A | -12.4% |
| United States | 11.0 | 36.5 | 63.1 | N/A | 139.5% |
| Brazil | 2.0 | 0.5 | 0.9 | N/A | -32.9% |
| Others | 7.5 | 3.3 | 2.4 | 6.5 | -4.7% |
| Total | 145 | 81.1 | 137 | 108 | -9.4% |
Top Suppliers of Lac; Natural Gums, Resins, Gum-Resins and Balsams to Paraguay in 2022:
- Indonesia (13.5 tons)
- Argentina (5.1 tons)
- India (2.8 tons)
- Sudan (1.0 tons)
- Kenya (0.8 tons)
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