Liquefied Propane Price in Paraguay - 2023

Contents:

1. Liquefied Propane Price in Paraguay (CIF) - 2022
2. Liquefied Propane Imports in Paraguay

Liquefied Propane Price in Paraguay (CIF) - 2022

The average liquefied propane import price stood at $789 per ton in 2022, rising by 2.7% against the previous year. Over the period under review, the import price, however, continues to indicate a mild decrease. The growth pace was the most rapid in 2020 an increase of 36% against the previous year. Over the period under review, average import prices hit record highs at $869 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Argentina ($825 per ton), while the price for the UK ($633 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 (+0.8%).

Liquefied Propane Imports in Paraguay

Liquefied propane imports into Paraguay surged to 4.1K tons in 2022, with an increase of 68% on 2021 figures. Overall, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 219%. As a result, imports reached the peak of 6.9K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, liquefied propane imports soared to $3.2M in 2022. In general, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 334% against the previous year. As a result, imports attained the peak of $5.1M. From 2021 to 2022, the growth of imports failed to regain momentum.

Top Suppliers of Liquefied Propane to Paraguay in 2022:

1. Argentina (2.7K tons)
2. United States (0.8K tons)
3. United Kingdom (0.7K tons)

Source: IndexBox Market Intelligence Platform