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Paraguay - Propylene Glycol (Propane-1,2-Diol) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingParaguay: Propylene Glycol Market 2024
Propylene Glycol Market Size in Paraguay
The Paraguayan propylene glycol market soared to $X in 2022, growing by 148% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a resilient increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.
Propylene Glycol Exports
Exports from Paraguay
In 2020, propylene glycol exports from Paraguay dropped notably to X kg, falling by -99.9% compared with the previous year. In general, exports faced a sharp decline. The pace of growth appeared the most rapid in 2019 when exports increased by 19,540%. As a result, the exports attained the peak of X kg, and then dropped markedly in the following year.
In value terms, propylene glycol exports reduced dramatically to $X in 2020. Over the period under review, exports showed a sharp decrease. The growth pace was the most rapid in 2019 with an increase of 3,424% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2020, the exports failed to regain momentum.
Exports by Country
Bolivia (X kg) was the main destination for propylene glycol exports from Paraguay, with a approx. 100% share of total exports.
From 2017 to 2020, the average annual growth rate of volume to Bolivia amounted to -55.3%.
In value terms, Bolivia ($X) emerged as the key foreign market for propylene glycol (propane-1,2-diol) exports from Paraguay.
From 2017 to 2020, the average annual rate of growth in terms of value to Bolivia totaled -58.0%.
Export Prices by Country
In 2020, the average propylene glycol export price amounted to $X per ton, jumping by 392% against the previous year. In general, the export price, however, saw a deep reduction. The export price peaked at $X per ton in 2017; however, from 2018 to 2020, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Bolivia.
From 2017 to 2020, the rate of growth in terms of prices for Bolivia amounted to -6.1% per year.
Propylene Glycol Imports
Imports into Paraguay
Propylene glycol imports into Paraguay soared to X tons in 2022, growing by 97% against 2021. In general, imports showed a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, propylene glycol imports surged to $X in 2022. Overall, imports posted a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Imports by Country
In 2022, China (X tons) constituted the largest supplier of propylene glycol to Paraguay, with a 54% share of total imports. Moreover, propylene glycol imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X tons), threefold. The third position in this ranking was held by Brazil (X tons), with a 17% share.
From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +24.4%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+5.4% per year) and Brazil (+28.7% per year).
In value terms, China ($X) constituted the largest supplier of propylene glycol (propane-1,2-diol) to Paraguay, comprising 50% of total imports. The second position in the ranking was held by South Korea ($X), with a 20% share of total imports. It was followed by Brazil, with an 18% share.
From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +31.2%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+12.5% per year) and Brazil (+31.5% per year).
Import Prices by Country
In 2022, the average propylene glycol import price amounted to $X per ton, rising by 40% against the previous year. Overall, the import price recorded moderate growth. The pace of growth appeared the most rapid in 2021 an increase of 72% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Hong Kong SAR ($X per ton) and South Korea ($X per ton), while the price for China ($X per ton) and Brazil ($X per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+14.4%), while the prices for the other major suppliers experienced more modest paces of growth.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the propylene glycol market in Paraguay. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20142320 - Propylene glycol (propane-1,2-diol)
Country coverage:
- Paraguay
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Paraguay
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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