Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Paraguay - 2024

Contents:

  1. Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Paraguay (CIF) - 2022
  2. Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Paraguay (FOB) - 2022
  3. Imports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Paraguay
  4. Exports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Paraguay

Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Paraguay (CIF) - 2022

The average import price for furniture; wooden, other than for office, kitchen or bedroom use stood at $102 per unit in 2022, reducing by -6.2% against the previous year. Overall, the import price saw a mild shrinkage. The most prominent rate of growth was recorded in 2021 when the average import price increased by 27% against the previous year. The import price peaked at $117 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Spain ($103 per unit) and Brazil ($102 per unit), while the price for the United States ($102 per unit) and China ($102 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (-1.3%), while the prices for the other major suppliers experienced a decline.

Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Paraguay (FOB) - 2022

The average export price for furniture; wooden, other than for office, kitchen or bedroom use stood at $75 per unit in 2022, increasing by 11% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 53%. As a result, the export price reached the peak level of $98 per unit. From 2019 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Chile ($76 per unit) and Brazil ($75 per unit), while the average price for exports to Uruguay ($75 per unit) and Singapore ($75 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+10.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Paraguay

Imports of furniture; wooden, other than for office, kitchen or bedroom use into Paraguay fell rapidly to 57K units in 2022, waning by -15.4% against 2021. Overall, imports continue to indicate a noticeable downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 5.1% against the previous year. As a result, imports reached the peak of 67K units, and then dropped remarkably in the following year.

In value terms, imports of furniture; wooden, other than for office, kitchen or bedroom use plummeted to $5.8M in 2022. In general, imports showed a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 34% against the previous year. As a result, imports attained the peak of $7.4M, and then declined markedly in the following year.

Import of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Paraguay (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil4.03.45.04.10.8%
China0.50.30.50.50.0%
Uruguay1.81.01.40.4-39.4%
United States0.30.10.10.30.0%
Spain0.20.2N/AN/A0.0%
Others0.30.40.40.518.6%
Total7.25.57.45.8-7.0%

Top Suppliers of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use to Paraguay in 2022:

  1. Brazil (40.2K units)
  2. China (4.6K units)
  3. Uruguay (4.2K units)
  4. United States (2.8K units)
  5. Spain (0.1K units)

Exports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Paraguay

In 2022, exports of furniture; wooden, other than for office, kitchen or bedroom use from Paraguay skyrocketed to 3.2K units, jumping by 44% compared with 2021 figures. Over the period under review, exports posted significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 68%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of furniture; wooden, other than for office, kitchen or bedroom use skyrocketed to $239K in 2022. In general, exports continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 110% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in the near future.

Export of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uruguay45.913.646.485.423.0%
Brazil5.810.21.071.7131.2%
SingaporeN/AN/A71.271.50.4%
Chile0.6N/A0.96.8124.6%
GermanyN/A1.47.20.4-46.5%
Argentina19.223.418.0N/A-3.2%
BelgiumN/A17.7N/AN/A0%
Netherlands18.9N/AN/AN/A0%
Others3.55.66.13.60.9%
Total93.971.915123936.5%

Top Export Markets for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use from Paraguay in 2022:

  1. Uruguay (1132.0 units)
  2. Brazil (950.0 units)
  3. Singapore (948.0 units)
  4. Chile (90.0 units)
  5. Germany (5.0 units)

Source: IndexBox Market Intelligence Platform

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