Shrimp Price in Paraguay - 2024
Contents:
Shrimp Price in Paraguay (CIF) - 2022
In 2022, the average shrimp import price amounted to $7,434 per ton, picking up by 2.2% against the previous year. Overall, the import price, however, saw a noticeable setback. The most prominent rate of growth was recorded in 2013 when the average import price increased by 3.7%. The import price peaked at $10,109 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Ecuador ($7,524 per ton), while the price for Spain amounted to $6,633 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (-1.0%).
Shrimp Imports in Paraguay
In 2022, approx. 149 tons of shrimps were imported into Paraguay; dropping by -12.9% against the previous year's figure. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +6.2% 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 +51.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 74%. As a result, imports attained the peak of 171 tons, and then shrank in the following year.
In value terms, shrimp imports dropped to $1.1M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +5.5% 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 +46.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 64% against the previous year. As a result, imports attained the peak of $1.2M, and then reduced in the following year.
| Import of Shrimp in Paraguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | 780 | 605 | 1,167 | 1,014 | 9.1% |
| Spain | 122 | 101 | 75.2 | 89.0 | -10.0% |
| Argentina | 32.1 | 51.8 | N/A | 0.7 | -72.1% |
| Others | 10.3 | N/A | 3.5 | 5.1 | -20.9% |
| Total | 945 | 759 | 1,246 | 1,109 | 5.5% |
Top Suppliers of Shrimp to Paraguay in 2022:
- Ecuador (134.8 tons)
- Spain (13.4 tons)
- Argentina (0.1 tons)
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