Price for Hydrogen, Rare Gases and Other Non-Metals in Paraguay - 2024

Contents:

  1. Price for Hydrogen, Rare Gases and Other Non-Metals in Paraguay (CIF) - 2022
  2. Price for Hydrogen, Rare Gases and Other Non-Metals in Paraguay (FOB) - 2022
  3. Imports of Hydrogen, Rare Gases and Other Non-Metals in Paraguay
  4. Exports of Hydrogen, Rare Gases and Other Non-Metals in Paraguay

Price for Hydrogen, Rare Gases and Other Non-Metals in Paraguay (CIF) - 2022

In 2022, the average import price for hydrogen, rare gases and other non-metalses amounted to $0.8 per cubic meter, picking up by 64% against the previous year. Over the period under review, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +2.3% 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 hydrogen, rare gases and other non-metalses decreased by -18.0% against 2017 indices. Over the period under review, average import prices attained the peak figure at $1 per cubic meter in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($8.7 per cubic meter), while the price for Uruguay ($0.3 per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (-0.5%), while the prices for the other major suppliers experienced a decline.

Price for Hydrogen, Rare Gases and Other Non-Metals in Paraguay (FOB) - 2022

The average export price for hydrogen, rare gases and other non-metalses stood at $0.3 per cubic meter in 2022, with an increase of 18% against the previous year. Over the period under review, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for hydrogen, rare gases and other non-metalses increased by +110.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 an increase of 57%. The export price peaked in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bolivia ($0.3 per cubic meter), while the average price for exports to Brazil ($0.1 per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+3.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Hydrogen, Rare Gases and Other Non-Metals in Paraguay

After three years of growth, purchases abroad of hydrogen, rare gases and other non-metalses decreased by -78.2% to 931K cubic meters in 2022. Overall, imports, however, posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 832% against the previous year. As a result, imports attained the peak of 4.3M cubic meters, and then dropped sharply in the following year.

In value terms, imports of hydrogen, rare gases and other non-metalses contracted remarkably to $738K in 2022. Over the period under review, imports, however, posted significant growth. The growth pace was the most rapid in 2021 with an increase of 429%. As a result, imports reached the peak of $2.1M, and then fell markedly in the following year.

Import of Hydrogen, Rare Gases and Other Non-Metals in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil1541631,04040738.3%
China0.3N/A2.6131658.7%
Uruguay90.411011812.8-47.9%
Argentina99.448.14206.7-59.3%
BelgiumN/AN/A138N/A0%
ChileN/AN/A134N/A0%
Others72.170.721818135.9%
Total4173912,07073821.0%

Top Suppliers of Hydrogen, Rare Gases and Other Non-Metals to Paraguay in 2022:

  1. Brazil (857.3K cubic meters)
  2. Uruguay (39.6K cubic meters)
  3. Argentina (17.4K cubic meters)
  4. China (15.0K cubic meters)

Exports of Hydrogen, Rare Gases and Other Non-Metals in Paraguay

After three years of growth, shipments abroad of hydrogen, rare gases and other non-metalses decreased by -14.5% to 1.5M cubic meters in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +16.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +59.6% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 54%. As a result, the exports attained the peak of 1.8M cubic meters, and then dropped in the following year.

In value terms, exports of hydrogen, rare gases and other non-metalses totaled $455K in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 90%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.

Export of Hydrogen, Rare Gases and Other Non-Metals in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BoliviaN/A21536538333.5%
Argentina41.16.274.251.67.9%
Brazil79.936.410.320.0-37.0%
Uruguay14.3N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total13525844945549.9%

Top Export Markets for Hydrogen, Rare Gases and Other Non-Metals from Paraguay in 2022:

  1. Bolivia (1151.1K cubic meters)
  2. Argentina (250.5K cubic meters)
  3. Brazil (142.9K cubic meters)

Source: IndexBox Market Intelligence Platform

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