Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Paraguay - 2024
Contents:
- Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Paraguay (CIF) - 2022
- Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Paraguay
Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Paraguay (CIF) - 2022
In 2022, the average import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs amounted to $13,370 per unit, increasing by 4.1% against the previous year. Over the period under review, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +6.2% 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 vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs increased by +63.8% against 2015 indices. The most prominent rate of growth was recorded in 2018 an increase of 28% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were South Korea ($13,396 per unit) and India ($13,391 per unit), while the price for Japan ($13,212 per unit) and Brazil ($13,366 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Paraguay
In 2022, purchases abroad of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs was finally on the rise to reach 3.1K units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a relatively flat trend pattern. Imports peaked at 3.1K units in 2019; afterwards, it flattened through to 2022.
In value terms, imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs expanded notably to $41M in 2022. The total import value increased at an average annual rate of +4.2% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Paraguay (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 19.4 | 26.2 | 27.9 | 34.1 | 20.7% |
| South Korea | 12.1 | 7.6 | 5.4 | 2.6 | -40.1% |
| China | 1.0 | 0.7 | 2.6 | 2.4 | 33.9% |
| India | 1.7 | N/A | 0.6 | 0.5 | -33.5% |
| Others | 2.1 | 1.3 | 1.1 | 1.4 | -12.6% |
| Total | 36.3 | 35.8 | 37.6 | 41.0 | 4.1% |
Top Suppliers of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc to Paraguay in 2022:
- Brazil (2551.0 units)
- South Korea (196.0 units)
- China (176.0 units)
- India (39.0 units)
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