Paraguay - Pyrethrum - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPyrethrum and Peppermint Price in Paraguay - 2024
Contents:
- Pyrethrum and Peppermint Price in Paraguay (CIF) - 2024
- Pyrethrum and Peppermint Price in Paraguay (FOB) - 2024
- Pyrethrum and Peppermint Imports in Paraguay
- Pyrethrum and Peppermint Exports in Paraguay
Pyrethrum and Peppermint Price in Paraguay (CIF) - 2024
In September 2023, the average pyrethrum and peppermint import price amounted to $5,229 per ton, with an increase of 3.4% against the previous month. Over the period under review, import price indicated a modest expansion from January 2023 to September 2023: its price increased at an average monthly rate of +1.9% over the last eight-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, pyrethrum and peppermint import price increased by +42.7% against June 2023 indices. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 49% against the previous month. Over the period under review, average import prices hit record highs at $5,836 per ton in February 2023; however, from March 2023 to September 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Brazil ($8,343 per ton), while the price for Egypt ($4,492 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 India (+17.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Pyrethrum and Peppermint Price in Paraguay (FOB) - 2024
The average pyrethrum and peppermint export price stood at $1,842 per ton in September 2023, waning by -11.3% against the previous month. Over the period under review, the export price showed a noticeable reduction. The pace of growth was the most pronounced in May 2023 when the average export price increased by 24% m-o-m. The export price peaked at $2,345 per ton in January 2023; however, from February 2023 to September 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($2,732 per ton), while the average price for exports to Argentina ($1,428 per ton) was amongst the lowest.
From January 2023 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (0.0%), while the prices for the other major destinations experienced a decline.
Pyrethrum and Peppermint Imports in Paraguay
In 2022, after two years of decline, there was significant growth in overseas purchases of pyrethrum and peppermint, when their volume increased by 24% to 913 tons. The total import volume increased at an average annual rate of +3.0% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, pyrethrum and peppermint imports skyrocketed to $4.2M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +18.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.3% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Pyrethrum and Peppermint in Paraguay (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Chile | 1,423 | 1,515 | 1,687 | 3,258 | 31.8% |
Argentina | 464 | 342 | 300 | 329 | -10.8% |
Egypt | 172 | 306 | 410 | 209 | 6.7% |
India | 293 | 177 | 140 | 186 | -14.1% |
Peru | 29.3 | 86.3 | 148 | 105 | 53.0% |
Others | 146 | 235 | 220 | 144 | -0.5% |
Total | 2,528 | 2,661 | 2,906 | 4,230 | 18.7% |
Top Suppliers of Pyrethrum and Peppermint to Paraguay in 2022:
- Chile (639.2 tons)
- Argentina (104.5 tons)
- Egypt (56.6 tons)
- India (51.7 tons)
- Peru (30.1 tons)
Pyrethrum and Peppermint Exports in Paraguay
In 2022, shipments abroad of pyrethrum and peppermint decreased by -50.9% to 1.3K tons, falling for the second year in a row after two years of growth. Overall, exports recorded a abrupt curtailment. The pace of growth was the most pronounced in 2020 when exports increased by 49%. As a result, the exports attained the peak of 3K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, pyrethrum and peppermint exports fell rapidly to $2.5M in 2022. Over the period under review, exports saw a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of 62%. As a result, the exports reached the peak of $6.4M. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Pyrethrum and Peppermint in Paraguay (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 2,772 | 3,733 | 2,669 | 1,105 | -26.4% |
Germany | 509 | 1,226 | 1,480 | 619 | 6.7% |
Argentina | 226 | 514 | 477 | 289 | 8.5% |
United States | 10.8 | 289 | 426 | 230 | 177.2% |
Mexico | 13.5 | N/A | N/A | 85.7 | 85.2% |
France | 97.9 | 319 | 73.3 | 80.5 | -6.3% |
Uruguay | 122 | 128 | 111 | 59.2 | -21.4% |
Others | 176 | 147 | 266 | 74.5 | -24.9% |
Total | 3,927 | 6,355 | 5,502 | 2,543 | -13.5% |
Top Export Markets for Pyrethrum and Peppermint from Paraguay in 2022:
- Spain (702.8 tons)
- Germany (215.1 tons)
- Argentina (135.0 tons)
- United States (117.5 tons)
- Mexico (47.2 tons)
- France (30.6 tons)
- Uruguay (20.2 tons)
This report provides an in-depth analysis of the pyrethrum and peppermint market 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:
- FCL 754 - Pyrethrum, dried flowers
- FCL 748 - Peppermint, Spearmint
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
-
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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Global pyrethrum consumption amounted to X thousand tons in 2015, coming up by +X% against the previous year level.
Global pyrethrum market stood at X tons in 2015, equaling approx. X thousand USD. From 2007 to 2015, the global pyrethrum market showed overall downward dynamics. A significant drop in 2009
The volume of global imports on the pyrethrum market totaled X tons in 2015. Import dynamics were generally in line with exports, as these trade flows globally complement each other. Following the high trade intensity, imports accounted for about
From 2007 to 2015, the global pyrethrum market showed overall downward dynamics. A significant drop in 2009 (X% Y-o-Y) was followed by a mild recovery. Despite a healthy annual increase over the recovery period from 2010 to 2015, the market failed to
Global production of pyrethrum was estimated at X thousand USD in 2015, which was X thousand USD more than in 2014, and X thousand USD (or X%) less than the peak production level recorded in 2008.
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