Price for Non-Furniture Refrigerating or Freezing Equipment in Paraguay - 2024

Contents:

1. Price for Non-Furniture Refrigerating or Freezing Equipment in Paraguay (CIF) - 2024
2. Price for Non-Furniture Refrigerating or Freezing Equipment in Paraguay (FOB) - 2022
3. Imports of Non-Furniture Refrigerating or Freezing Equipment in Paraguay
4. Exports of Non-Furniture Refrigerating or Freezing Equipment in Paraguay

Price for Non-Furniture Refrigerating or Freezing Equipment in Paraguay (CIF) - 2024

In January 2024, the average import price for non-furniture refrigerating or freezing equipment amounted to $114 per unit, waning by -25.3% against the previous month. In general, the import price showed a pronounced decline. The growth pace was the most rapid in November 2023 when the average import price increased by 132% against the previous month. The import price peaked at $228 per unit in June 2023; however, from July 2023 to January 2024, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Argentina ($1,009 per unit), while the price for the United States ($48.8 per unit) was amongst the lowest.

From February 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Argentina (+21.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Non-Furniture Refrigerating or Freezing Equipment in Paraguay (FOB) - 2022

In 2022, the average export price for non-furniture refrigerating or freezing equipment amounted to $168 per unit, increasing by 40% against the previous year. Over the period under review, the export price saw a pronounced expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 238%. As a result, the export price reached the peak level of $195 per unit. From 2020 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($219 per unit), while the average price for exports to Brazil ($94 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uruguay (+18.3%), while the prices for the other major destinations experienced a decline.

Imports of Non-Furniture Refrigerating or Freezing Equipment in Paraguay

In 2022, the amount of non-furniture refrigerating or freezing equipment imported into Paraguay surged to 114K units, rising by 30% against the year before. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +19.1% 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 +69.1% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, non-furniture refrigerating or freezing equipment imports skyrocketed to $19M in 2022. In general, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Non-Furniture Refrigerating or Freezing Equipment to Paraguay in 2022:

1. Brazil (57.4K units)
2. China (39.1K units)
3. United States (10.1K units)
4. Italy (3.7K units)
5. Argentina (1.7K units)

Exports of Non-Furniture Refrigerating or Freezing Equipment in Paraguay

Non-furniture refrigerating or freezing equipment exports from Paraguay declined to 575 units in 2022, with a decrease of -8.9% on the previous year's figure. Over the period under review, exports recorded a deep setback. The growth pace was the most rapid in 2021 with an increase of 6,210%. The exports peaked at 950 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, non-furniture refrigerating or freezing equipment exports soared to $97K in 2022. In general, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 5,620%. Over the period under review, the exports hit record highs at $185K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Top Export Markets for Non-Furniture Refrigerating or Freezing Equipment from Paraguay in 2022:

1. Hong Kong SAR (258.0 units)
2. Brazil (185.0 units)
3. Uruguay (85.0 units)
4. Lebanon (39.0 units)
5. United States (8.0 units)

Source: IndexBox Market Intelligence Platform