Speed Changer Price in Paraguay - 2022
Contents:
- Speed Changer Price in Paraguay (CIF) - 2022
- Speed Changer Price in Paraguay (FOB) - 2022
- Speed Changer Imports in Paraguay
- Speed Changer Exports in Paraguay
Speed Changer Price in Paraguay (CIF) - 2022
In 2022, the average speed changer import price amounted to $13,304 per ton, waning by -3.2% against the previous year. Over the period from 2013 to 2022, it increased at an average annual rate of +1.2%. The growth pace was the most rapid in 2014 an increase of 17%. The import price peaked at $14,323 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($51,218 per ton), while the price for China ($6,139 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Speed Changer Price in Paraguay (FOB) - 2022
In 2022, the average speed changer export price amounted to $13,616 per ton, reducing by -73.5% against the previous year. Overall, the export price continues to indicate a deep downturn. The growth pace was the most rapid in 2021 when the average export price increased by 216% against the previous year. As a result, the export price reached the peak level of $51,463 per ton, and then dropped notably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($38,299 per ton), while the average price for exports to Brazil ($6,419 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-2.3%), while the prices for the other major destinations experienced a decline.
Speed Changer Imports in Paraguay
In 2022, speed changer imports into Paraguay rose rapidly to 867 tons, growing by 14% on the previous year. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +11.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 29%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the near future.
In value terms, speed changer imports rose significantly to $12M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +13.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 44% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the immediate term.
| Import of Speed Changer in Paraguay (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 3.4 | 2.5 | 3.8 | 4.6 | 10.6% |
| China | 1.1 | 0.8 | 1.4 | 1.5 | 10.9% |
| United States | 1.0 | 1.4 | 1.3 | 1.3 | 9.1% |
| Germany | 0.5 | 0.7 | 1.0 | 1.2 | 33.9% |
| Italy | 0.4 | 0.6 | 0.8 | 1.0 | 35.7% |
| Argentina | 0.6 | 0.2 | 0.3 | 0.4 | -12.6% |
| Portugal | 0.1 | 0.2 | 0.4 | 0.3 | 44.2% |
| India | N/A | 0.1 | 0.4 | 0.2 | 41.4% |
| Others | 0.8 | 0.7 | 1.1 | 1.1 | 11.2% |
| Total | 7.9 | 7.3 | 10.5 | 11.5 | 13.3% |
Top Suppliers of Speed Changer to Paraguay in 2022:
- Brazil (423.3 tons)
- China (241.4 tons)
- Italy (41.0 tons)
- United States (33.6 tons)
- Germany (22.7 tons)
- Argentina (22.6 tons)
- India (21.4 tons)
- Portugal (20.2 tons)
Speed Changer Exports in Paraguay
In 2022, shipments abroad of speed changers, industrial high-speed drives and gear was finally on the rise to reach 7.2 tons after two years of decline. In general, exports, however, showed a abrupt descent.
In value terms, speed changer exports soared to $98K in 2022. Over the period under review, exports, however, saw a abrupt slump.
| Export of Speed Changer in Paraguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 87.4 | 47.3 | 73.9 | 60.6 | -11.5% |
| Brazil | 75.0 | 36.0 | N/A | 35.0 | -22.4% |
| Uruguay | 1.9 | 2.0 | 0.3 | 1.9 | 0.0% |
| China | N/A | 1.8 | N/A | N/A | 0% |
| Others | N/A | 7.8 | N/A | 0.8 | -68.0% |
| Total | 164 | 94.9 | 74.2 | 98.4 | -15.7% |
Top Export Markets for Speed Changer from Paraguay in 2022:
- Brazil (5.5 tons)
- United States (1.6 tons)
- Uruguay (0.1 tons)
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