Paraguay: Potato Chips Market 2024

Potato Chips Market Size in Paraguay

The Paraguayan potato chips market rose sharply to $X in 2022, increasing by X% against the previous year. Overall, consumption recorded a remarkable increase. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Potato Chips Production in Paraguay

In value terms, potato chips production rose rapidly to $X in 2022 estimated in export price. In general, production recorded strong growth. The pace of growth appeared the most rapid in 2015 with an increase of X%. Potato chips production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Potato Chips Exports

Exports from Paraguay

Potato chips exports from Paraguay surged to X tons in 2022, with an increase of X% against the previous year. In general, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, potato chips exports soared to $X in 2022. Overall, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Argentina (X tons) was the main destination for potato chips exports from Paraguay, with a X% share of total exports. Moreover, potato chips exports to Argentina exceeded the volume sent to the second major destination, the United States (X tons), ninefold.

From 2013 to 2022, the average annual rate of growth in terms of volume to Argentina amounted to X%.

In value terms, Argentina ($X) remains the key foreign market for potato chips exports from Paraguay, comprising X% of total exports. The second position in the ranking was taken by the United States ($X), with an X% share of total exports.

From 2013 to 2022, the average annual rate of growth in terms of value to Argentina totaled X%.

Export Prices by Country

The average potato chips export price stood at $X per ton in 2022, reducing by X% against the previous year. Over the period under review, the export price recorded a slight shrinkage. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then fell rapidly in the following year.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Argentina ($X per ton), while the average price for exports to the United States stood at $X per ton.

From 2013 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 a decline.

Potato Chips Imports

Imports into Paraguay

In 2022, overseas purchases of potato chips decreased by X% to X tons, falling for the fourth consecutive year after three years of growth. In general, imports showed a deep setback. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, potato chips imports reduced rapidly to $X in 2022. Over the period under review, imports showed a deep contraction. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Argentina (X tons) constituted the largest supplier of potato chips to Paraguay, with a X% share of total imports. Moreover, potato chips imports from Argentina exceeded the figures recorded by the second-largest supplier, Brazil (X tons), threefold. The third position in this ranking was taken by Mexico (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Argentina amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (X% per year) and Mexico (X% per year).

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

From 2012 to 2022, the average annual rate of growth in terms of value from Argentina stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (X% per year) and Mexico (X% per year).

Import Prices by Country

The average potato chips import price stood at $X per ton in 2022, reducing by X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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