Starches; Inulin Price in Paraguay - 2023
Contents:
- Starches; Inulin Price in Paraguay (FOB) - 2022
- Starches; Inulin Price in Paraguay (CIF) - 2022
- Starches; Inulin Exports in Paraguay
- Starches; Inulin Imports in Paraguay
Starches; Inulin Price in Paraguay (FOB) - 2022
In 2022, the average starches; inulin export price amounted to $776 per ton, with an increase of 40% against the previous year. Overall, export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +6.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, starches; inulin export price increased by +90.2% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Argentina ($907 per ton), while the average price for exports to Costa Rica ($517 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.
Starches; Inulin Price in Paraguay (CIF) - 2022
The average starches; inulin import price stood at $775 per ton in 2022, with an increase of 35% against the previous year. Overall, the import price, however, showed a pronounced slump. Over the period under review, average import prices attained the maximum at $1,030 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat 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 ($1,055 per ton), while the price for Argentina ($653 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+1.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Starches; Inulin Exports in Paraguay
In 2022, exports of starches; inulins from Paraguay rose modestly to 52K tons, surging by 3.3% against the previous year. The total export volume increased at an average annual rate of +7.7% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 13%. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the immediate term.
In value terms, starches; inulin exports soared to $41M in 2022. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 53% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
Export of Starches; Inulin in Paraguay (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Argentina | 2.2 | 2.7 | 2.7 | 9.2 | 61.1% |
Colombia | 6.5 | 5.0 | 1.5 | 8.5 | 9.4% |
United States | 1.0 | 0.3 | 10.6 | 6.3 | 84.7% |
Bolivia | 2.9 | 2.4 | 2.2 | 3.1 | 2.2% |
Chile | 2.0 | 3.1 | 5.3 | 2.6 | 9.1% |
Brazil | 1.3 | 1.1 | 0.4 | 1.7 | 9.4% |
Uruguay | 1.1 | 1.0 | 0.7 | 1.3 | 5.7% |
Mexico | 0.1 | 0.3 | 0.5 | 1.1 | 122.4% |
Ecuador | 0.5 | 0.4 | 0.6 | 1.1 | 30.1% |
Costa Rica | N/A | 0.1 | 0.1 | 0.9 | 200.0% |
Dominican Republic | 0.1 | 0.2 | 0.4 | 0.9 | 108.0% |
Peru | N/A | N/A | 0.6 | 0.6 | 0.0% |
Guatemala | N/A | N/A | 0.3 | 0.6 | 100.0% |
Others | 0.5 | 1.6 | 2.2 | 2.6 | 73.2% |
Total | 18.2 | 18.3 | 28.0 | 40.6 | 30.7% |
Top Export Markets for Starches; Inulin from Paraguay in 2022:
- Argentina (10.1K tons)
- Colombia (9.7K tons)
- United States (8.0K tons)
- Bolivia (4.0K tons)
- Chile (3.9K tons)
- Brazil (3.3K tons)
- Uruguay (1.8K tons)
- Costa Rica (1.7K tons)
- Dominican Republic (1.6K tons)
- Ecuador (1.6K tons)
- Mexico (1.3K tons)
- Peru (1.0K tons)
- Guatemala (0.9K tons)
Starches; Inulin Imports in Paraguay
In 2022, the amount of starches; inulins imported into Paraguay surged to 17K tons, rising by 131% on the previous year's figure. Over the period under review, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 347%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, starches; inulin imports skyrocketed to $13M in 2022. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 228%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Starches; Inulin in Paraguay (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | 0.3 | 0.5 | 3.6 | 12.4 | 245.8% |
Germany | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
Netherlands | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
Argentina | 0.3 | 0.4 | 0.1 | 0.1 | -30.7% |
Others | N/A | N/A | N/A | 0.1 | 0% |
Total | 1.0 | 1.3 | 4.2 | 12.9 | 134.5% |
Top Suppliers of Starches; Inulin to Paraguay in 2022:
- Brazil (16.1K tons)
- Argentina (0.2K tons)
- Germany (0.2K tons)
- Netherlands (0.1K tons)
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