Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Paraguay - 2024

Contents:

  1. Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Paraguay (FOB) - 2024
  2. Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Paraguay (CIF) - 2024
  3. Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Paraguay
  4. Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Paraguay

Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Paraguay (FOB) - 2024

In November 2023, the average export price for wadding; other articles thereof, of man-made fibreses amounted to $14,163 per ton, jumping by 33% against the previous month. Over the period from January 2023 to November 2023, it increased at an average monthly rate of +3.5%. The export price peaked at $16,523 per ton in September 2023; however, from October 2023 to November 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Mexico ($37,662 per ton), while the average price for exports to Brazil ($8,220 per ton) was amongst the lowest.

From January 2023 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Paraguay (CIF) - 2024

The average import price for wadding; other articles thereof, of man-made fibreses stood at $994 per ton in November 2023, reducing by -85.2% against the previous month. Over the period under review, the import price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in July 2023 an increase of 253% m-o-m. Over the period under review, average import prices hit record highs at $7,665 per ton in February 2023; however, from March 2023 to November 2023, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From January 2023 to November 2023, the rate of growth in terms of prices for China amounted to +2.3% per month.

Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Paraguay

In 2022, shipments abroad of wadding; other articles thereof, of man-made fibreses decreased by -28% to 1.2K tons, falling for the second year in a row after two years of growth. Overall, exports saw a deep setback. The most prominent rate of growth was recorded in 2020 when exports increased by 8.5%. As a result, the exports attained the peak of 1.9K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of wadding; other articles thereof, of man-made fibreses declined to $13M in 2022. Over the period under review, exports recorded a noticeable descent. The pace of growth appeared the most rapid in 2020 when exports increased by 17% against the previous year. As a result, the exports attained the peak of $17M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Wadding; Other Articles Thereof, of Man-Made Fibres in Paraguay (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina5.03.42.94.5-3.5%
Brazil8.211.88.74.0-21.3%
Uruguay1.10.51.72.226.0%
MexicoN/A0.80.91.222.5%
Chile0.20.40.50.535.7%
OthersN/AN/AN/A0.20%
Total14.517.014.612.6-4.6%

Top Export Markets for Wadding; Other Articles Thereof, of Man-Made Fibres from Paraguay in 2022:

  1. Brazil (606.8 tons)
  2. Argentina (337.1 tons)
  3. Uruguay (169.4 tons)
  4. Chile (43.3 tons)
  5. Mexico (35.7 tons)

Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Paraguay

In 2022, after two years of decline, there was significant growth in supplies from abroad of wadding; other articles thereof, of man-made fibreses, when their volume increased by 65% to 586 tons. Overall, imports, however, saw a deep downturn.

In value terms, imports of wadding; other articles thereof, of man-made fibreses soared to $1.6M in 2022. Over the period under review, imports, however, saw a deep setback.

Import of Wadding; Other Articles Thereof, of Man-Made Fibres in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6714501887292.8%
Brazil1,7302,020940724-25.2%
Argentina71.013.414.395.810.5%
Uruguay17614814579.3-23.3%
Vietnam378N/AN/AN/A0%
Taiwan (Chinese)N/A16.237.4N/A130.9%
Others28.72.92.01.0-67.3%
Total3,0542,6511,3271,629-18.9%

Top Suppliers of Wadding; Other Articles Thereof, of Man-Made Fibres to Paraguay in 2022:

  1. China (446.7 tons)
  2. Brazil (109.3 tons)
  3. Uruguay (15.9 tons)
  4. Argentina (13.3 tons)

Source: IndexBox Market Intelligence Platform

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