O-Acetylsalicylic Acid Price in Paraguay - 2023
Contents:
O-Acetylsalicylic Acid Price in Paraguay (CIF) - 2022
The average o-acetylsalicylic acid import price stood at $23,177 per ton in 2022, dropping by -21.7% against the previous year. In general, the import price, however, enjoyed a perceptible increase. The most prominent rate of growth was recorded in 2020 an increase of 153%. The import price peaked at $39,902 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($58,711 per ton), while the price for China ($2,558 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.
O-Acetylsalicylic Acid Imports in Paraguay
In 2022, o-acetylsalicylic acid imports into Paraguay surged to 24 tons, picking up by 137% on the year before. Overall, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, o-acetylsalicylic acid imports surged to $550K in 2022. Over the period under review, imports recorded a significant increase. The growth pace was the most rapid in 2020 when imports increased by 308%. As a result, imports attained the peak of $554K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Import of O-Acetylsalicylic Acid in Paraguay (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 19.2 | 275 | 82.4 | 495 | 195.4% |
China | 8.6 | 5.4 | 11.6 | 32.5 | 55.8% |
Ecuador | 2.2 | 7.9 | 2.9 | 23.2 | 119.3% |
Thailand | 34.6 | 89.1 | 67.2 | N/A | 39.4% |
Others | 71.0 | 177 | 133 | 0.1 | -88.8% |
Total | 136 | 554 | 297 | 550 | 59.3% |
Top Suppliers of O-Acetylsalicylic Acid to Paraguay in 2022:
- China (12.7 tons)
- South Korea (8.4 tons)
- Ecuador (2.6 tons)
This report provides an in-depth analysis of the carboxylic acid market in Paraguay.
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