Price for New Pneumatic Tyres, of Rubber in Paraguay - 2024

Contents:

1. Price for New Pneumatic Tyres, of Rubber in Paraguay (CIF) - 2022
2. Price for New Pneumatic Tyres, of Rubber in Paraguay (FOB) - 2022
3. Imports of New Pneumatic Tyres, of Rubber in Paraguay
4. Exports of New Pneumatic Tyres, of Rubber in Paraguay

Price for New Pneumatic Tyres, of Rubber in Paraguay (CIF) - 2022

In 2022, the average import price for new pneumatic tyres, of rubbers amounted to $103 per unit, surging by 8.5% against the previous year. Over the period under review, the import price posted a mild increase. The pace of growth appeared the most rapid in 2014 an increase of 70%. The import price peaked at $194 per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($109 per unit), while the price for Vietnam ($45 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for New Pneumatic Tyres, of Rubber in Paraguay (FOB) - 2022

The average export price for new pneumatic tyres, of rubbers stood at $85 per unit in 2022, jumping by 49% against the previous year. In general, export price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, new pneumatic tyres, of rubber export price increased by +62.9% against 2020 indices. The pace of growth was the most pronounced in 2017 an increase of 51% against the previous year. The export price peaked at $88 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($86 per unit), while the average price for exports to China totaled $56 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+1.9%).

Imports of New Pneumatic Tyres, of Rubber in Paraguay

In 2022, the amount of new pneumatic tyres, of rubbers imported into Paraguay rose markedly to 3.4M units, picking up by 11% compared with the previous year. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +10.5% 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 +80.1% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 63% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, new pneumatic tyres, of rubber imports skyrocketed to $348M in 2022. In general, imports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 81%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Top Suppliers of New Pneumatic Tyres, of Rubber to Paraguay in 2022:

1. China (2120.9K units)
2. Brazil (583.3K units)
3. Vietnam (83.6K units)
4. United States (81.4K units)
5. Japan (66.7K units)
6. Argentina (31.3K units)

Exports of New Pneumatic Tyres, of Rubber in Paraguay

After three years of growth, overseas shipments of new pneumatic tyres, of rubbers decreased by -51.1% to 16K units in 2022. In general, exports, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 86% against the previous year. As a result, the exports attained the peak of 34K units, and then declined significantly in the following year.

In value terms, new pneumatic tyres, of rubber exports declined rapidly to $1.4M in 2022. Over the period under review, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 104% against the previous year. As a result, the exports reached the peak of $1.9M, and then fell dramatically in the following year.

Top Export Markets for New Pneumatic Tyres, of Rubber from Paraguay in 2022:

1. Brazil (14.0K units)
2. China (2.2K units)

Source: IndexBox Market Intelligence Platform