Seals; Mechanical Price in Paraguay - 2023

Contents:

1. Seals; Mechanical Price in Paraguay (CIF) - 2022
2. Seals; Mechanical Price in Paraguay (FOB) - 2022
3. Seals; Mechanical Imports in Paraguay
4. Seals; Mechanical Exports in Paraguay

Seals; Mechanical Price in Paraguay (CIF) - 2022

In 2022, the average seals; mechanical import price amounted to $23 per unit, increasing by 10% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.8%. The pace of growth was the most pronounced in 2017 an increase of 33% against the previous year. Over the period under review, average import prices attained the peak figure at $26 per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

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 ($105 per unit), while the price for China ($8.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+18.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Seals; Mechanical Price in Paraguay (FOB) - 2022

The average seals; mechanical export price stood at $26 per unit in 2022, reducing by -50.2% against the previous year. Over the period under review, the export price, however, showed a significant increase. The pace of growth was the most pronounced in 2014 an increase of 1,605% against the previous year. Over the period under review, the average export prices attained the peak figure at $371 per unit in 2018; however, from 2019 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 the United States ($35 per unit), while the average price for exports to Chile stood at $18 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+37.6%), while the prices for the other major destinations experienced mixed trend patterns.

Seals; Mechanical Imports in Paraguay

After three years of growth, purchases abroad of seals; mechanicals decreased by -44.8% to 47K units in 2022. Over the period under review, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 36% against the previous year. Imports peaked at 85K units in 2021, and then fell remarkably in the following year.

In value terms, seals; mechanical imports reduced sharply to $1.1M in 2022. In general, total imports indicated a mild increase from 2019 to 2022: its value increased at an average annual rate of +1.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 65%. Imports peaked at $1.8M in 2021, and then shrank sharply in the following year.

Top Suppliers of Seals; Mechanical to Paraguay in 2022:

1. Taiwan (Chinese) (undefinedK units)
2. Brazil (25.0K units)
3. China (11.0K units)
4. Italy (4.1K units)
5. Canada (2.1K units)
6. United States (0.9K units)

Seals; Mechanical Exports in Paraguay

After three years of growth, shipments abroad of seals; mechanicals decreased by -99.9% to 8 units in 2022. In general, exports, however, posted moderate growth. The pace of growth appeared the most rapid in 2020 when exports increased by 8,086% against the previous year. The exports peaked at 5.4K units in 2021, and then dropped significantly in the following year.

In value terms, seals; mechanical exports contracted sharply to $211 in 2022. Over the period under review, exports continue to indicate a sharp downturn. The pace of growth appeared the most rapid in 2020 when exports increased by 2,142% against the previous year. The exports peaked at $288K in 2021, and then contracted sharply in the following year.

Top Export Markets for Seals; Mechanical from Paraguay in 2022:

1. United States (4.0 units)
2. Chile (4.0 units)

Source: IndexBox Market Intelligence Platform