Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Paraguay - 2024

Contents:

  1. Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Paraguay (CIF) - 2022
  2. Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Paraguay (FOB) - 2022
  3. Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Paraguay
  4. Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Paraguay

Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Paraguay (CIF) - 2022

The average import price for electrical circuit prefabricated elements, connectors, contact elements and other equipment stood at $57 per thousand units in 2022, growing by 23% against the previous year. In general, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for electrical circuit prefabricated elements, connectors, contact elements and other equipment increased by +87.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 34%. The import price peaked in 2022 and is likely to see gradual 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 ($128 per thousand units), while the price for China ($43 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Paraguay (FOB) - 2022

In 2022, the average export price for electrical circuit prefabricated elements, connectors, contact elements and other equipment amounted to $0.1 per unit, shrinking by -2.3% against the previous year. Over the period under review, the export price showed a drastic downturn. The pace of growth was the most pronounced in 2017 when the average export price increased by 104% against the previous year. Over the period under review, the average export prices attained the peak figure at $0.2 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($0.3 per unit), while the average price for exports to Chile (less than $0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uruguay (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Paraguay

Imports of electrical circuit prefabricated elements, connectors, contact elements and other equipment into Paraguay dropped to 821M units in 2022, waning by -12.9% against the previous year. In general, imports faced a dramatic decline. The most prominent rate of growth was recorded in 2021 when imports increased by 12%. Imports peaked at 1.6B units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of electrical circuit prefabricated elements, connectors, contact elements and other equipment expanded markedly to $47M in 2022. Over the period under review, imports saw a slight shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 28% against the previous year. Over the period under review, imports of attained the maximum at $49M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Paraguay (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea12.27.412.311.3-2.5%
China6.85.56.47.84.7%
Japan6.94.87.56.7-1.0%
Germany0.91.62.93.557.3%
Brazil1.91.62.42.611.0%
United States2.61.42.02.2-5.4%
France0.40.61.31.762.0%
Others17.611.38.811.0-14.5%
Total49.234.143.646.8-1.7%

Top Suppliers of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment to Paraguay in 2022:

  1. South Korea (226.5M units)
  2. China (182.8M units)
  3. Japan (110.7M units)
  4. Germany (79.2M units)
  5. Brazil (46.1M units)
  6. France (28.5M units)
  7. United States (17.4M units)

Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Paraguay

For the fourth year in a row, Paraguay recorded growth in overseas shipments of electrical circuit prefabricated elements, connectors, contact elements and other equipment, which increased by 54% to 13M units in 2022. In general, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of electrical circuit prefabricated elements, connectors, contact elements and other equipment soared to $1.1M in 2022. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 57%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Export of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil12032447657268.3%
Argentina17.03.533.613398.5%
GuyanaN/AN/AN/A1200%
Germany39.982.47.383.127.7%
South Korea26.21.625.861.532.9%
Uruguay9.512.240.531.449.0%
Mexico29.38.15.917.1-16.4%
MoroccoN/A20.16.112.8-20.2%
Others92.927.315799.12.2%
Total3354797521,13050.0%

Top Export Markets for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment from Paraguay in 2022:

  1. Brazil (6.6M units)
  2. Argentina (2.5M units)
  3. South Korea (1.2M units)
  4. Guyana (0.5M units)
  5. Morocco (0.4M units)
  6. Uruguay (0.3M units)
  7. Germany (0.3M units)
  8. Mexico (0.2M units)

Source: IndexBox Market Intelligence Platform

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