Salts; Molybdates Price in Paraguay - 2023
Contents:
Salts; Molybdates Price in Paraguay (CIF) - 2022
In 2022, the average salts; molybdates import price amounted to $24,399 per ton, picking up by 31% against the previous year. Overall, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, salts; molybdates import price increased by +29.4% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($28,701 per ton), while the price for Brazil totaled $20,481 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+1.5%).
Salts; Molybdates Imports in Paraguay
For the fourth year in a row, Paraguay recorded growth in supplies from abroad of salts; molybdateses, which increased by 3.8% to 78 tons in 2022. The total import volume increased at an average annual rate of +7.6% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 11%. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, salts; molybdates imports skyrocketed to $1.9M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +17.2% 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 +61.1% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Salts; Molybdates in Paraguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.1 | 766 | 310 | 1,048 | 2088.4% |
| Brazil | 1,168 | 461 | 1,078 | 841 | -10.4% |
| Others | 7.1 | 8.2 | 4.1 | 4.7 | -12.8% |
| Total | 1,175 | 1,235 | 1,392 | 1,893 | 17.2% |
Top Suppliers of Salts; Molybdates to Paraguay in 2022:
- Brazil (41.1 tons)
- China (36.5 tons)
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