Price for Used Pneumatic Tyres of Rubber in Paraguay - 2023
Contents:
- Price for Used Pneumatic Tyres of Rubber in Paraguay (CIF) - 2022
- Imports of Used Pneumatic Tyres of Rubber in Paraguay
Price for Used Pneumatic Tyres of Rubber in Paraguay (CIF) - 2022
In 2022, the average import price for used pneumatic tyres of rubbers amounted to $31 per unit, growing by 12% against the previous year. Overall, the import price, however, continues to indicate a noticeable contraction. The growth pace was the most rapid in 2014 when the average import price increased by 18% against the previous year. As a result, import price reached the peak level of $49 per unit. From 2015 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($34 per unit), while the price for the UK ($21 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+34.5%), while the prices for the other major suppliers experienced a decline.
Imports of Used Pneumatic Tyres of Rubber in Paraguay
For the fourth year in a row, Paraguay recorded growth in supplies from abroad of used pneumatic tyres of rubbers, which increased by 13% to 301K units in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +19.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.0% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 47%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, used pneumatic tyres of rubber imports soared to $9.2M in 2022. In general, imports showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 67%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.
Import of Used Pneumatic Tyres of Rubber in Paraguay (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 2,239 | 2,853 | 4,852 | 5,524 | 35.1% |
Spain | 279 | 243 | 559 | 967 | 51.3% |
Australia | N/A | N/A | 211 | 541 | 156.4% |
Italy | 689 | 661 | 508 | 523 | -8.8% |
France | 99.1 | 259 | 507 | 517 | 73.4% |
Germany | 163 | 78.3 | 182 | 435 | 38.7% |
United Kingdom | 240 | N/A | 36.6 | 296 | 7.2% |
Others | 242 | 315 | 495 | 427 | 20.8% |
Total | 3,952 | 4,409 | 7,350 | 9,230 | 32.7% |
Top Suppliers of Used Pneumatic Tyres of Rubber to Paraguay in 2022:
- Japan (164.6K units)
- Spain (34.5K units)
- Italy (20.9K units)
- France (17.6K units)
- Germany (17.3K units)
- Australia (15.9K units)
- United Kingdom (13.9K units)
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