Price for Machinery; Parts of Machinery of Heading No. 8422 in Paraguay - 2024

Contents:

  1. Price for Machinery; Parts of Machinery of Heading No. 8422 in Paraguay (CIF) - 2022
  2. Price for Machinery; Parts of Machinery of Heading No. 8422 in Paraguay (FOB) - 2022
  3. Imports of Machinery; Parts of Machinery of Heading No. 8422 in Paraguay
  4. Exports of Machinery; Parts of Machinery of Heading No. 8422 in Paraguay

Price for Machinery; Parts of Machinery of Heading No. 8422 in Paraguay (CIF) - 2022

The average import price for machinery; parts of machinery of heading no. 8422 stood at $107,777 per ton in 2022, increasing by 15% against the previous year. Overall, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +6.6% 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 machinery; parts of machinery of heading no. 8422 increased by +149.6% against 2015 indices. The pace of growth was the most pronounced in 2017 when the average import price increased by 54% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($487,800 per ton), while the price for Taiwan (Chinese) ($34,870 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+79.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machinery; Parts of Machinery of Heading No. 8422 in Paraguay (FOB) - 2022

In 2022, the average export price for machinery; parts of machinery of heading no. 8422 amounted to $37,170 per ton, growing by 111% against the previous year. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 251%. The export price peaked at $97,402 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($30,000 per ton), while the average price for exports to Austria ($9,514 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+19.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Machinery; Parts of Machinery of Heading No. 8422 in Paraguay

Imports of machinery; parts of machinery of heading no. 8422 into Paraguay skyrocketed to 55 tons in 2022, jumping by 34% compared with the previous year. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +15.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.4% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of machinery; parts of machinery of heading no. 8422 surged to $5.9M in 2022. In general, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Machinery; Parts of Machinery of Heading No. 8422 in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany6707436627855.4%
Brazil49346766566510.5%
Argentina6194345266401.1%
Italy39058052159014.8%
Spain81.024913340370.7%
Taiwan (Chinese)1.118.12.6327567.4%
China2561221702651.2%
Others6799601,1352,21648.3%
Total3,1893,5733,8145,89122.7%

Top Suppliers of Machinery; Parts of Machinery of Heading No. 8422 to Paraguay in 2022:

  1. Brazil (17.5 tons)
  2. Taiwan (Chinese) (9.4 tons)
  3. Italy (5.2 tons)
  4. China (5.2 tons)
  5. Argentina (4.5 tons)
  6. Germany (2.8 tons)
  7. Spain (1.9 tons)

Exports of Machinery; Parts of Machinery of Heading No. 8422 in Paraguay

For the third consecutive year, Paraguay recorded decline in overseas shipments of machinery; parts of machinery of heading no. 8422, which decreased by -62.3% to 247 kg in 2022. Overall, exports continue to indicate a sharp shrinkage. The smallest decline of -13.7% was in 2020.

In value terms, exports of machinery; parts of machinery of heading no. 8422 reduced remarkably to $9.2K in 2022. Over the period under review, exports faced a significant contraction. The most prominent rate of growth was recorded in 2020 with an increase of 1.6%. As a result, the exports reached the peak of $38K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Machinery; Parts of Machinery of Heading No. 8422 in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico2.2N/AN/A1.8-6.5%
Austria3.10.95.01.7-18.1%
Argentina17.1N/A0.5N/A-82.9%
Brazil15.217.0N/AN/A11.8%
OthersN/A20.46.05.6-47.6%
Total37.738.311.69.2-37.5%

Top Export Markets for Machinery; Parts of Machinery of Heading No. 8422 from Paraguay in 2022:

  1. Austria (183.0 kg)
  2. Mexico (60.0 kg)
  3. Brazil (3.0 kg)

Source: IndexBox Market Intelligence Platform

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