Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Paraguay - 2024
Contents:
- Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Paraguay (CIF) - 2022
- Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Paraguay (FOB) - 2022
- Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Paraguay
- Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Paraguay
Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Paraguay (CIF) - 2022
The average import price for adhesives; prepared, based on rubber or plastics (including artificial resins) stood at $4,174 per ton in 2022, with an increase of 17% against the previous year. Over the last decade, it increased at an average annual rate of +3.0%. The growth pace was the most rapid in 2015 when the average import price increased by 31%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Argentina ($4,786 per ton) and Chile ($4,432 per ton), while the price for China ($3,460 per ton) and the United States ($3,744 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Paraguay (FOB) - 2022
In 2022, the average export price for adhesives; prepared, based on rubber or plastics (including artificial resins) amounted to $1,016 per ton, increasing by 27% against the previous year. Over the period under review, the export price, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2017 an increase of 47% against the previous year. The export price peaked at $2,027 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($1,205 per ton), while the average price for exports to Chile stood at $358 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+7.3%).
Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Paraguay
In 2022, supplies from abroad of adhesives; prepared, based on rubber or plastics (including artificial resins) decreased by -1% to 1.4K tons, falling for the second consecutive year after two years of growth. In general, imports saw a perceptible descent. The growth pace was the most rapid in 2020 when imports increased by less than 0.1% against the previous year. As a result, imports reached the peak of 1.6K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of adhesives; prepared, based on rubber or plastics (including artificial resins) surged to $5.9M in 2022. The total import value increased at an average annual rate of +4.7% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Paraguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 2,596 | 2,356 | 2,393 | 2,999 | 4.9% |
| Argentina | 1,562 | 1,753 | 1,625 | 1,580 | 0.4% |
| Panama | 90.9 | 167 | 207 | 297 | 48.4% |
| United States | 180 | 261 | 171 | 294 | 17.8% |
| China | 143 | 181 | 212 | 264 | 22.7% |
| Chile | 127 | 105 | 136 | 128 | 0.3% |
| Others | 419 | 283 | 332 | 304 | -10.1% |
| Total | 5,117 | 5,107 | 5,077 | 5,866 | 4.7% |
Top Suppliers of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) to Paraguay in 2022:
- Brazil (778.8 tons)
- Argentina (330.2 tons)
- United States (78.5 tons)
- Panama (76.7 tons)
- China (76.3 tons)
- Chile (29.0 tons)
Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Paraguay
In 2022, after two years of decline, there was significant growth in overseas shipments of adhesives; prepared, based on rubber or plastics (including artificial resins), when their volume increased by 369% to 120 tons. Overall, exports, however, showed a deep slump.
In value terms, exports of adhesives; prepared, based on rubber or plastics (including artificial resins) soared to $122K in 2022. In general, exports, however, continue to indicate a noticeable shrinkage.
| Export of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Paraguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 134 | 75.2 | 20.4 | 102 | -8.7% |
| Chile | N/A | N/A | N/A | 11.8 | 0% |
| Others | 6.3 | N/A | N/A | 8.1 | 8.7% |
| Total | 141 | 75.2 | 20.4 | 122 | -4.7% |
Top Export Markets for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) from Paraguay in 2022:
- Brazil (84.9 tons)
- Chile (33.0 tons)
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