Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Paraguay - 2024

Contents:

1. Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Paraguay (CIF) - 2022
2. Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Paraguay (FOB) - 2022
3. Imports of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Paraguay
4. Exports of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Paraguay

Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Paraguay (CIF) - 2022

In 2022, the average import price for refrigerating or freezing equipment; parts thereof, other than furniture amounted to $47 per unit, growing by 1.7% against the previous year. Overall, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +3.2% 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 refrigerating or freezing equipment; parts thereof, other than furniture increased by +36.8% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by 45%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.

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 ($61 per unit), while the price for South Korea ($17 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Paraguay (FOB) - 2022

The average export price for refrigerating or freezing equipment; parts thereof, other than furniture stood at $163 per unit in 2022, increasing by 16% against the previous year. Over the period under review, the export price enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 an increase of 923% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the near future.

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

From 2013 to 2022, the rate of growth in terms of prices for Uruguay amounted to +165.0% per year.

Imports of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Paraguay

In 2022, approx. 119K units of refrigerating or freezing equipment; parts thereof, other than furniture were imported into Paraguay; waning by -17.2% against 2021. Overall, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 52% against the previous year. As a result, imports reached the peak of 144K units, and then dropped significantly in the following year.

In value terms, imports of refrigerating or freezing equipment; parts thereof, other than furniture declined sharply to $5.7M in 2022. Over the period under review, imports, however, enjoyed buoyant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 104% against the previous year. As a result, imports reached the peak of $6.7M, and then contracted remarkably in the following year.

Top Suppliers of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture to Paraguay in 2022:

1. Brazil (48.2K units)
2. Argentina (31.1K units)
3. China (29.8K units)
4. South Korea (3.4K units)

Exports of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Paraguay

In 2022, overseas shipments of refrigerating or freezing equipment; parts thereof, other than furniture increased by 4,200% to 86 units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a deep slump. The exports peaked at 162 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of refrigerating or freezing equipment; parts thereof, other than furniture surged to $14K in 2022. Over the period under review, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture from Paraguay in 2022:

1. Uruguay (85.0 units)
2. Argentina (1.0 units)

Source: IndexBox Market Intelligence Platform