Price for Machinery; Parts of the Machinery of Heading No. 8425 in Paraguay - 2024
Contents:
- Price for Machinery; Parts of the Machinery of Heading No. 8425 in Paraguay (CIF) - 2022
- Imports of Machinery; Parts of the Machinery of Heading No. 8425 in Paraguay
Price for Machinery; Parts of the Machinery of Heading No. 8425 in Paraguay (CIF) - 2022
In 2022, the average import price for machinery; parts of the machinery of heading no. 8425 amounted to $6,310 per ton, surging by 7.2% against the previous year. In general, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.2% 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 machinery; parts of the machinery of heading no. 8425 decreased by -6.3% against 2019 indices. The growth pace was the most rapid in 2017 when the average import price increased by 61%. The import price peaked at $8,042 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
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 Japan ($28,054 per ton), while the price for China ($3,075 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+38.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Machinery; Parts of the Machinery of Heading No. 8425 in Paraguay
In 2022, imports of machinery; parts of the machinery of heading no. 8425 into Paraguay shrank to 20 tons, waning by -4.4% on 2021. Over the period under review, imports, however, enjoyed strong growth. The pace of growth appeared the most rapid in 2021 when imports increased by 179%. As a result, imports reached the peak of 21 tons, and then dropped in the following year.
In value terms, imports of machinery; parts of the machinery of heading no. 8425 rose to $126K in 2022. Overall, imports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 159%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
Import of Machinery; Parts of the Machinery of Heading No. 8425 in Paraguay (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 27.7 | 2.9 | 29.1 | 40.4 | 13.4% |
Brazil | 10.3 | 4.8 | 14.9 | 30.9 | 44.2% |
China | 12.9 | 6.4 | 30.5 | 15.1 | 5.4% |
Germany | 3.4 | 12.3 | 15.0 | 9.8 | 42.3% |
Japan | 4.6 | 4.6 | 6.7 | 8.9 | 24.6% |
India | 5.8 | 3.6 | 7.7 | 1.6 | -34.9% |
Argentina | 15.7 | 0.9 | 3.4 | 0.3 | -73.3% |
Others | 14.4 | 12.0 | 15.6 | 19.2 | 10.1% |
Total | 94.7 | 47.5 | 123 | 126 | 10.0% |
Top Suppliers of Machinery; Parts of the Machinery of Heading No. 8425 to Paraguay in 2022:
- Brazil (7.4 tons)
- United States (5.8 tons)
- China (4.9 tons)
- Germany (0.5 tons)
- Japan (0.3 tons)
- India (0.2 tons)
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