Gum Arabic Price in Paraguay - 2023
Contents:
Gum Arabic Price in Paraguay (CIF) - 2022
The average gum arabic import price stood at $5,814 per ton in 2022, rising by 26% against the previous year. In general, the import price saw a noticeable increase. The most prominent rate of growth was recorded in 2016 when the average import price increased by 150%. The import price peaked at $7,222 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($82,000 per ton), while the price for Indonesia stood at $5,593 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+33.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Gum Arabic Imports in Paraguay
In 2022, gum arabic imports into Paraguay contracted rapidly to 14 tons, declining by -49.6% against 2021 figures. Over the period under review, imports recorded a dramatic decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 149%.
In value terms, gum arabic imports dropped dramatically to $80K in 2022. In general, imports faced a deep reduction. The growth pace was the most rapid in 2021 with an increase of 157%.
| Import of Gum Arabic in Paraguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 54.3 | 46.4 | 69.5 | 75.5 | 11.6% |
| China | 66.8 | N/A | 53.3 | N/A | -10.7% |
| Others | 5.3 | 2.3 | 2.2 | 4.0 | -9.0% |
| Total | 126 | 48.7 | 125 | 79.5 | -14.2% |
Top Suppliers of Gum Arabic to Paraguay in 2022:
- Indonesia (13.5 tons)
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