Price for Lubricating Preparations Not for the Treatment of Materials in Paraguay - 2023

Contents:

  1. Price for Lubricating Preparations Not for the Treatment of Materials in Paraguay (CIF) - 2022
  2. Price for Lubricating Preparations Not for the Treatment of Materials in Paraguay (FOB) - 2022
  3. Imports of Lubricating Preparations Not for the Treatment of Materials in Paraguay
  4. Exports of Lubricating Preparations Not for the Treatment of Materials in Paraguay

Price for Lubricating Preparations Not for the Treatment of Materials in Paraguay (CIF) - 2022

In 2022, the average import price for lubricating preparations not for the treatment of materials amounted to $4,166 per ton, picking up by 11% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The pace of growth appeared the most rapid in 2013 when the average import price increased by 16%. Over the period under review, average import prices attained the maximum at $4,503 per ton in 2014; however, from 2015 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 Germany ($5,568 per ton), while the price for Lithuania ($2,540 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Lubricating Preparations Not for the Treatment of Materials in Paraguay (FOB) - 2022

The average export price for lubricating preparations not for the treatment of materials stood at $1,519 per ton in 2022, shrinking by -37.9% against the previous year. In general, the export price showed a pronounced setback. The most prominent rate of growth was recorded in 2014 when the average export price increased by 130%. As a result, the export price attained the peak level of $8,415 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Argentina.

From 2012 to 2022, the rate of growth in terms of prices for Bolivia amounted to +4.1% per year.

Imports of Lubricating Preparations Not for the Treatment of Materials in Paraguay

After three years of growth, supplies from abroad of lubricating preparations not for the treatment of materials decreased by -3.5% to 5.6K tons in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +15.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.1% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 43% against the previous year. As a result, imports reached the peak of 5.8K tons, and then contracted in the following year.

In value terms, imports of lubricating preparations not for the treatment of materials expanded markedly to $23M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +19.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 49% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Import of Lubricating Preparations Not for the Treatment of Materials in Paraguay (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States5.24.79.19.120.5%
Brazil2.12.63.13.316.3%
Argentina3.23.54.33.20.0%
Germany0.91.11.11.621.1%
Spain0.40.41.11.348.1%
Lithuania0.20.50.41.176.5%
Peru0.1N/A0.20.791.3%
France0.30.20.20.518.6%
Others1.31.62.42.524.4%
Total13.714.521.723.319.4%

Top Suppliers of Lubricating Preparations Not for the Treatment of Materials to Paraguay in 2022:

  1. United States (1785.2 tons)
  2. Argentina (977.6 tons)
  3. Brazil (789.8 tons)
  4. Lithuania (416.7 tons)
  5. Spain (402.1 tons)
  6. Germany (288.0 tons)
  7. Peru (231.0 tons)
  8. France (154.9 tons)

Exports of Lubricating Preparations Not for the Treatment of Materials in Paraguay

In 2022, the amount of lubricating preparations not for the treatment of materials exported from Paraguay skyrocketed to 102 tons, rising by 1,626% on 2021. Overall, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of lubricating preparations not for the treatment of materials soared to $155K in 2022. In general, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Lubricating Preparations Not for the Treatment of Materials in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina3.512.62.1155253.8%
Bolivia11.315.110.5N/A-3.6%
Others2.27.31.80.2-55.0%
Total17.135.014.5155108.5%

Top Export Markets for Lubricating Preparations Not for the Treatment of Materials from Paraguay in 2022:

  1. Argentina (102.2 tons)
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