Price for Protein; Concentrates and Textured Protein Substances in Paraguay - 2024

Contents:

1. Price for Protein; Concentrates and Textured Protein Substances in Paraguay (CIF) - 2022
2. Price for Protein; Concentrates and Textured Protein Substances in Paraguay (FOB) - 2022
3. Imports of Protein; Concentrates and Textured Protein Substances in Paraguay
4. Exports of Protein; Concentrates and Textured Protein Substances in Paraguay

Price for Protein; Concentrates and Textured Protein Substances in Paraguay (CIF) - 2022

In 2022, the average import price for protein; concentrates and textured protein substanceses amounted to $2,167 per ton, increasing by 12% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. The pace of growth was the most pronounced in 2018 an increase of 18% against the previous year. The import price peaked at $2,349 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($14,956 per ton), while the price for Argentina ($811 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+10.2%), while the prices for the other major suppliers experienced a decline.

Price for Protein; Concentrates and Textured Protein Substances in Paraguay (FOB) - 2022

In 2022, the average export price for protein; concentrates and textured protein substanceses amounted to $17,121 per ton, jumping by 670% against the previous year. In general, the export price posted buoyant growth. Over the period under review, the average export prices reached the peak figure at $20,278 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to -46.7% per year.

Imports of Protein; Concentrates and Textured Protein Substances in Paraguay

For the fourth consecutive year, Paraguay recorded growth in purchases abroad of protein; concentrates and textured protein substanceses, which increased by 35% to 1.4K tons in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +14.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.4% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of protein; concentrates and textured protein substanceses skyrocketed to $3.1M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +11.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.3% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Protein; Concentrates and Textured Protein Substances to Paraguay in 2022:

1. Brazil (684.5 tons)
2. Argentina (667.2 tons)
3. United States (74.1 tons)

Exports of Protein; Concentrates and Textured Protein Substances in Paraguay

In 2022, shipments abroad of protein; concentrates and textured protein substanceses decreased by -99.8% to 66 kg, falling for the second consecutive year after two years of growth. Overall, exports recorded a dramatic curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 36,717%. As a result, the exports reached the peak of 55 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of protein; concentrates and textured protein substanceses shrank significantly to $1.1K in 2022. Over the period under review, exports faced a significant decrease. The growth pace was the most rapid in 2020 when exports increased by 8,206% against the previous year. As a result, the exports reached the peak of $228K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Top Export Markets for Protein; Concentrates and Textured Protein Substances from Paraguay in 2022:

1. Honduras (66.0 kg)

Source: IndexBox Market Intelligence Platform