Paraguay: Plastic Bag Market 2024

Plastic Bag Market Size in Paraguay

The Paraguayan plastic bag market shrank to $X in 2022, with a decrease of X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the peak level at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Plastic Bag Production in Paraguay

In value terms, plastic bag production fell slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Plastic Bag Exports

Exports from Paraguay

In 2022, the amount of plastic sacks and bags exported from Paraguay surged to X tons, rising by X% against 2021 figures. Over the period under review, exports, however, recorded a deep reduction. The pace of growth was the most pronounced in 2020 when exports increased by X% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, plastic bag exports soared to $X in 2022. Overall, exports, however, recorded a deep reduction. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Brazil (X tons) was the main destination for plastic bag exports from Paraguay, with a X% share of total exports. Moreover, plastic bag exports to Brazil exceeded the volume sent to the second major destination, Uruguay (X tons), threefold. Lebanon (X tons) ranked third in terms of total exports with a X% share.

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

In value terms, Brazil ($X) remains the key foreign market for plastic sacks and bags exports from Paraguay, comprising X% of total exports. The second position in the ranking was held by Uruguay ($X), with a X% share of total exports. It was followed by Lebanon, with a X% share.

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

Export Prices by Country

In 2022, the average plastic bag export price amounted to $X per ton, increasing by X% against the previous year. In general, the export price enjoyed a remarkable increase. The pace of growth was the most pronounced in 2015 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Lebanon ($X per ton), while the average price for exports to Uruguay ($X per ton) was amongst the lowest.

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

Plastic Bag Imports

Imports into Paraguay

In 2022, purchases abroad of plastic sacks and bags decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, imports, however, posted a strong increase. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X tons, and then dropped slightly in the following year.

In value terms, plastic bag imports reached $X in 2022. Over the period under review, imports, however, saw a resilient increase. The pace of growth was the most pronounced in 2015 with an increase of X%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

Brazil (X tons), Argentina (X tons) and China (X tons) were the main suppliers of plastic bag imports to Paraguay, together accounting for X% of total imports. Uruguay and Germany lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Argentina ($X) and China ($X) were the largest plastic bag suppliers to Paraguay, with a combined X% share of total imports. Uruguay and Germany lagged somewhat behind, together accounting for a further X%.

Germany, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average plastic bag import price stood at $X per ton in 2022, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2015 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2016 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Argentina ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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 more modest paces of growth.

Source: IndexBox Platform

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