Paraguay - Articles Of Iron Or Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Steel and Iron Articles in Paraguay - 2024
Contents:
- Price for Steel and Iron Articles in Paraguay (CIF) - 2024
- Price for Steel and Iron Articles in Paraguay (FOB) - 2022
- Imports of Steel and Iron Articles in Paraguay
- Exports of Steel and Iron Articles in Paraguay
Price for Steel and Iron Articles in Paraguay (CIF) - 2024
In September 2023, the average steel and iron articles import price amounted to $3,450 per ton, declining by -16% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 an increase of 69% m-o-m. Over the period under review, average import prices hit record highs at $6,671 per ton in April 2023; however, from May 2023 to September 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Argentina ($6,372 per ton), while the price for China ($2,252 per ton) was amongst the lowest.
From January 2023 to September 2023, the most notable rate of growth in terms of prices was attained by Argentina (+5.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Steel and Iron Articles in Paraguay (FOB) - 2022
In 2022, the average steel and iron articles export price amounted to $2,346 per ton, jumping by 57% against the previous year. Over the period under review, the export price continues to indicate a mild expansion. The growth pace was the most rapid in 2016 an increase of 164%. The export price peaked at $3,577 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($15,381 per ton), while the average price for exports to Brazil ($1,248 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 the United States (+21.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Steel and Iron Articles in Paraguay
In 2022, supplies from abroad of articles of iron or steel was finally on the rise to reach 2.3K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a mild contraction.
In value terms, steel and iron articles imports soared to $12M in 2022. Overall, imports continue to indicate a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Steel and Iron Articles in Paraguay (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | 2.9 | 3.4 | 4.0 | 4.6 | 16.6% |
China | 3.8 | 2.0 | 2.5 | 3.3 | -4.6% |
Argentina | 0.7 | 0.8 | 0.8 | 0.8 | 4.6% |
United States | 1.9 | 0.4 | 0.4 | 0.4 | -40.5% |
Chile | 0.3 | 0.2 | 0.3 | 0.3 | 0.0% |
India | N/A | N/A | N/A | 0.1 | 0% |
Others | 1.9 | 1.6 | 1.5 | 2.1 | 3.4% |
Total | 11.5 | 8.4 | 9.6 | 11.7 | 0.6% |
Top Suppliers of Steel and Iron Articles to Paraguay in 2022:
- China (1090.5 tons)
- Brazil (813.7 tons)
- Argentina (116.7 tons)
- Chile (93.4 tons)
- United States (39.4 tons)
- India (35.7 tons)
Exports of Steel and Iron Articles in Paraguay
In 2022, steel and iron articles exports from Paraguay surged to 217 tons, picking up by 78% against the previous year. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 669% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, steel and iron articles exports soared to $509K in 2022. Over the period under review, exports recorded a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 249%. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in years to come.
Export of Steel and Iron Articles in Paraguay (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Guyana | N/A | N/A | N/A | 424 | 0% |
Spain | 31.2 | 15.2 | 10.0 | 26.3 | -5.5% |
Uruguay | 9.9 | 0.8 | 1.0 | 26.0 | 38.0% |
Brazil | 58.0 | 1.3 | 154 | 11.2 | -42.2% |
Argentina | 0.2 | 1.2 | N/A | 5.8 | 207.2% |
Others | 30.7 | 33.4 | 15.7 | 16.4 | -18.9% |
Total | 130 | 51.9 | 181 | 509 | 57.6% |
Top Export Markets for Steel and Iron Articles from Paraguay in 2022:
- Guyana (196.8 tons)
- Brazil (9.0 tons)
- Uruguay (3.8 tons)
- Argentina (3.7 tons)
- Spain (1.7 tons)
This report provides an in-depth analysis of the market for steel and iron articles 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 25992945 - Articles of iron or steel, n.e.s.
- Prodcom 25992931 - Iron or steel ladders and steps (excluding forged or stamped)
- Prodcom 25992933 - Iron or steel pallets and similar platforms for handling goods
- Prodcom 25992935 - Iron or steel reels for cables, piping and the like
- Prodcom 25992937 - Iron or steel non-mechanical ventilators, guttering, hooks and similar articles used in the building industry (excluding forged or stamped)
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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