Paraguay: Oxygen Market 2024

Oxygen Market Size in Paraguay

The Paraguayan oxygen market rose markedly to $X in 2022, with an increase of X% against the previous year. In general, the total consumption indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Oxygen Production in Paraguay

In value terms, oxygen production totaled $X in 2022 estimated in export price. Over the period under review, the total production indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Oxygen Exports

Exports from Paraguay

After two years of growth, shipments abroad of oxygen decreased by X% to X cubic meters in 2022. In general, exports continue to indicate a pronounced curtailment. The pace of growth appeared the most rapid in 2013 with an increase of X%. As a result, the exports attained the peak of X cubic meters. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, oxygen exports fell to $X in 2022. Overall, exports, however, recorded a slight expansion. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Bolivia (X cubic meters) was the main destination for oxygen exports from Paraguay, accounting for a X% share of total exports. Moreover, oxygen exports to Bolivia exceeded the volume sent to the second major destination, Argentina (X cubic meters), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Bolivia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (X% per year) and Brazil (X% per year).

In value terms, Bolivia ($X) remains the key foreign market for oxygen exports from Paraguay, comprising X% of total exports. The second position in the ranking was held by Argentina ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Bolivia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (X% per year) and Brazil (X% per year).

Export Prices by Country

The average oxygen export price stood at $X per cubic meter in 2022, with an increase of X% against the previous year. Overall, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, oxygen export price increased by X% against 2019 indices. The growth pace was the most rapid in 2020 when the average export price increased by X%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bolivia ($X per cubic meter), while the average price for exports to Brazil ($X per cubic meter) was amongst the lowest.

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

Oxygen Imports

Imports into Paraguay

In 2022, the amount of oxygen imported into Paraguay fell markedly to X cubic meters, with a decrease of X% on 2021 figures. In general, imports recorded a noticeable shrinkage. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, imports reached the peak of X cubic meters, and then dropped remarkably in the following year.

In value terms, oxygen imports shrank markedly to $X in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then contracted markedly in the following year.

Imports by Country

In 2022, Brazil (X cubic meters) constituted the largest supplier of oxygen to Paraguay, with a X% share of total imports. Moreover, oxygen imports from Brazil exceeded the figures recorded by the second-largest supplier, Argentina (X cubic meters), sixfold.

From 2012 to 2022, the average annual growth rate of volume from Brazil stood at X%.

In value terms, Brazil ($X) constituted the largest supplier of oxygen to Paraguay, comprising X% of total imports. The second position in the ranking was taken by Argentina ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Brazil totaled X%.

Import Prices by Country

In 2022, the average oxygen import price amounted to $X per cubic meter, shrinking by X% against the previous year. Over the period under review, the import price, however, enjoyed measured growth. The pace of growth was the most pronounced in 2017 an increase of X%. As a result, import price reached the peak level of $X per cubic meter. From 2018 to 2022, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($X per cubic meter), while the price for Argentina amounted to $X per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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