Price for Tractors; (Other than Tractors of Heading No 8709) in Paraguay - 2024
Contents:
- Price for Tractors; (Other than Tractors of Heading No 8709) in Paraguay (CIF) - 2024
- Price for Tractors; (Other than Tractors of Heading No 8709) in Paraguay (FOB) - 2022
- Imports of Tractors; (Other than Tractors of Heading No 8709) in Paraguay
- Exports of Tractors; (Other than Tractors of Heading No 8709) in Paraguay
Price for Tractors; (Other than Tractors of Heading No 8709) in Paraguay (CIF) - 2024
In January 2024, the average import price for tractors; (other than tractors of heading no 8709)s amounted to $72,309 per unit, growing by 1.6% against the previous month. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in August 2023 when the average import price increased by 31% month-to-month. Over the period under review, average import prices attained the peak figure at $76,433 per unit in October 2023; afterwards, it flattened through to January 2024.
Prices varied noticeably by the country of origin: the country with the highest price was France ($99,171 per unit), while the price for India ($28,844 per unit) was amongst the lowest.
From February 2023 to January 2024, the most notable rate of growth in terms of prices was attained by France (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tractors; (Other than Tractors of Heading No 8709) in Paraguay (FOB) - 2022
In 2022, the average export price for tractors; (other than tractors of heading no 8709)s amounted to $81,577 per unit, growing by 115% against the previous year. Overall, the export price enjoyed a prominent increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bolivia ($105,714 per unit), while the average price for exports to Guyana ($23,297 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+13.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Tractors; (Other than Tractors of Heading No 8709) in Paraguay
In 2022, imports of tractors; (other than tractors of heading no 8709)s into Paraguay declined sharply to 1.8K units, shrinking by -33.9% compared with 2021. In general, imports continue to indicate a noticeable decrease. The growth pace was the most rapid in 2021 with an increase of 43% against the previous year. As a result, imports reached the peak of 2.8K units, and then fell remarkably in the following year.
In value terms, imports of tractors; (other than tractors of heading no 8709)s rose slightly to $148M in 2022. Overall, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 79% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.
| Import of Tractors; (Other than Tractors of Heading No 8709) in Paraguay (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 45.0 | 38.4 | 78.6 | 91.4 | 26.6% |
| Sweden | 10.5 | 15.3 | 20.5 | 13.8 | 9.5% |
| China | 3.0 | 2.0 | 3.1 | 10.4 | 51.3% |
| Netherlands | 5.2 | 10.9 | 13.4 | 6.9 | 9.9% |
| Mexico | 5.9 | 3.3 | 7.4 | 6.8 | 4.8% |
| India | 4.3 | 1.9 | 3.6 | 5.6 | 9.2% |
| Germany | 2.9 | 4.1 | 6.7 | 4.6 | 16.6% |
| Others | 8.0 | 5.0 | 11.2 | 8.7 | 2.8% |
| Total | 84.8 | 81.0 | 145 | 148 | 20.4% |
Top Suppliers of Tractors; (Other than Tractors of Heading No 8709) to Paraguay in 2022:
- Brazil (910.0 units)
- China (220.0 units)
- India (180.0 units)
- Sweden (162.0 units)
- Mexico (102.0 units)
- Netherlands (81.0 units)
- Germany (53.0 units)
Exports of Tractors; (Other than Tractors of Heading No 8709) in Paraguay
In 2022, the amount of tractors; (other than tractors of heading no 8709)s exported from Paraguay soared to 56 units, picking up by 1,020% compared with the year before. Over the period under review, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of tractors; (other than tractors of heading no 8709)s surged to $4.6M in 2022. Overall, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Tractors; (Other than Tractors of Heading No 8709) in Paraguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bolivia | 40.0 | 30.0 | N/A | 4,017 | 364.8% |
| Guyana | N/A | N/A | N/A | 326 | 0% |
| Venezuela | N/A | N/A | N/A | 160 | 0% |
| Uruguay | 16.5 | 65.9 | 182 | 65.0 | 57.9% |
| Brazil | N/A | 165 | 8.1 | N/A | -95.1% |
| Others | N/A | 1.5 | N/A | N/A | 0% |
| Total | 56.5 | 262 | 190 | 4,568 | 332.4% |
Top Export Markets for Tractors; (Other than Tractors of Heading No 8709) from Paraguay in 2022:
- Bolivia (38.0 units)
- Guyana (14.0 units)
- Venezuela (3.0 units)
- Uruguay (1.0 units)
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