Price for Cutlery; Other than Plated with Precious Metal in Paraguay - 2024

Contents:

  1. Price for Cutlery; Other than Plated with Precious Metal in Paraguay (CIF) - 2024
  2. Price for Cutlery; Other than Plated with Precious Metal in Paraguay (FOB) - 2022
  3. Imports of Cutlery; Other than Plated with Precious Metal in Paraguay
  4. Exports of Cutlery; Other than Plated with Precious Metal in Paraguay

Price for Cutlery; Other than Plated with Precious Metal in Paraguay (CIF) - 2024

In January 2024, the average import price for cutlery; other than plated with precious metals amounted to $4,805 per ton, declining by -58.6% against the previous month. Over the period under review, the import price continues to indicate a slight decline. The pace of growth was the most pronounced in June 2023 when the average import price increased by 112% month-to-month. Over the period under review, average import prices reached the maximum at $11,602 per ton in December 2023, and then reduced markedly in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Brazil ($7,435 per ton), while the price for China stood at $3,294 per ton.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by China (+4.0%).

Price for Cutlery; Other than Plated with Precious Metal in Paraguay (FOB) - 2022

In 2022, the average export price for cutlery; other than plated with precious metals amounted to $5,559 per ton, with an increase of 1.6% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average export price increased by 120%. The export price peaked at $41,000 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($6,600 per ton), while the average price for exports to Brazil totaled $4,864 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+66.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Cutlery; Other than Plated with Precious Metal in Paraguay

In 2022, approx. 329 tons of cutlery; other than plated with precious metals were imported into Paraguay; surging by 20% against 2021. Overall, imports, however, recorded a abrupt slump.

In value terms, imports of cutlery; other than plated with precious metals surged to $2.7M in 2022. Over the period under review, imports, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 37%.

Import of Cutlery; Other than Plated with Precious Metal in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil2,7401,3321,9202,282-5.9%
China496275286401-6.8%
India118N/A3.61.5-76.7%
Others86.637.942.149.8-16.8%
Total3,4411,6442,2512,734-7.4%

Top Suppliers of Cutlery; Other than Plated with Precious Metal to Paraguay in 2022:

  1. Brazil (229.7 tons)
  2. China (92.8 tons)
  3. India (0.6 tons)

Exports of Cutlery; Other than Plated with Precious Metal in Paraguay

After three years of growth, shipments abroad of cutlery; other than plated with precious metals decreased by -88.9% to 290 kg in 2022. In general, exports, however, continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 368% against the previous year. As a result, the exports attained the peak of 2.6 tons, and then shrank markedly in the following year.

In value terms, exports of cutlery; other than plated with precious metals shrank dramatically to $1.6K in 2022. Overall, exports saw a perceptible setback. The pace of growth appeared the most rapid in 2021 with an increase of 701% against the previous year. As a result, the exports reached the peak of $14K, and then contracted sharply in the following year.

Export of Cutlery; Other than Plated with Precious Metal in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BrazilN/AN/A13.71.4-89.8%
Germany0.2N/AN/A0.1-20.6%
UruguayN/A1.8N/AN/A0%
Others1.5N/A0.60.2-48.9%
Total1.71.814.31.6-2.0%

Top Export Markets for Cutlery; Other than Plated with Precious Metal from Paraguay in 2022:

  1. Brazil (279.0 kg)
  2. Germany (10.0 kg)

Source: IndexBox Market Intelligence Platform

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