Glass Fibre Filament Price in Paraguay - 2024
Contents:
Glass Fibre Filament Price in Paraguay (CIF) - 2022
The average glass fibre filament import price stood at $2,719 per ton in 2022, rising by 56% against the previous year. In general, the import price recorded a strong increase. The pace of growth appeared the most rapid in 2021 when the average import price increased by 66%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($8,549 per ton), while the price for China ($1,551 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+9.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Glass Fibre Filament Imports in Paraguay
In 2022, after three years of growth, there was significant decline in overseas purchases of glass fibre filaments, when their volume decreased by -17% to 304 tons. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +17.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 82%.
In value terms, glass fibre filament imports soared to $827K in 2022. In general, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 77% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.
| Import of Glass Fibre Filament in Paraguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 84.8 | 170 | 460 | 403 | 68.1% |
| United States | 23.0 | 32.0 | 33.4 | 211 | 109.3% |
| China | 62.7 | 64.3 | 42.8 | 112 | 21.3% |
| Hong Kong SAR | 59.9 | 84.7 | 91.1 | 93.8 | 16.1% |
| Others | 7.4 | 10.2 | 10.9 | 7.6 | 0.9% |
| Total | 238 | 362 | 639 | 827 | 51.5% |
Top Suppliers of Glass Fibre Filament to Paraguay in 2022:
- Brazil (156.1 tons)
- China (72.2 tons)
- Hong Kong SAR (47.0 tons)
- United States (24.7 tons)
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