Price for Wadding; Other Articles Thereof, of Cotton in Paraguay - 2024

Price for Wadding; Other Articles Thereof, of Cotton in Paraguay (CIF) - 2022

The average import price for wadding; other articles thereof, of cotta stood at $5,698 per ton in 2022, waning by -2% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 43% against the previous year. As a result, import price attained the peak level of $6,187 per ton. From 2021 to 2022, the average 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 Brazil ($8,006 per ton), while the price for China ($1,252 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.8%), while the prices for the other major suppliers experienced a decline.

Price for Wadding; Other Articles Thereof, of Cotton in Paraguay (FOB) - 2022

The average export price for wadding; other articles thereof, of cotta stood at $3,474 per ton in 2022, growing by 22% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The export price peaked at $3,478 per ton in 2015; afterwards, it flattened through to 2022.

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

From 2015 to 2022, the rate of growth in terms of prices for Uruguay amounted to -0.0% per year.

Imports of Wadding; Other Articles Thereof, of Cotton in Paraguay

In 2022, the amount of wadding; other articles thereof, of cotta imported into Paraguay fell notably to 65 tons, reducing by -22.7% against the year before. Overall, imports saw a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 38%.

In value terms, imports of wadding; other articles thereof, of cotta reduced dramatically to $371K in 2022. Over the period under review, imports showed a abrupt curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 30% against the previous year. As a result, imports reached the peak of $489K, and then dropped dramatically in the following year.

Import of Wadding; Other Articles Thereof, of Cotton in Paraguay (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Brazil	259	205	218	249	-1.3%
Mexico	N/A	N/A	31.9	36.7	15.0%
Turkey	N/A	N/A	33.8	32.1	-5.0%
China	116	106	111	25.7	-39.5%
Argentina	59.1	54.0	72.2	15.4	-36.1%
Others	12.4	12.5	22.1	12.3	-0.3%
Total	446	378	489	371	-6.0%

Top Suppliers of Wadding; Other Articles Thereof, of Cotton to Paraguay in 2022:

Brazil (31.1 tons)
China (20.5 tons)
Turkey (5.4 tons)
Mexico (4.9 tons)
Argentina (2.0 tons)

Exports of Wadding; Other Articles Thereof, of Cotton in Paraguay

In 2022, exports of wadding; other articles thereof, of cotta from Paraguay declined dramatically to 47 tons, reducing by -38.4% on the previous year. In general, exports saw a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 13% against the previous year.

In value terms, exports of wadding; other articles thereof, of cotta contracted sharply to $165K in 2022. Overall, exports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2021 when exports increased by 22%.