Price for Tools, Hand; Other than Household Tools in Paraguay - 2024

Contents:

  1. Price for Tools, Hand; Other than Household Tools in Paraguay (CIF) - 2022
  2. Price for Tools, Hand; Other than Household Tools in Paraguay (FOB) - 2022
  3. Imports of Tools, Hand; Other than Household Tools in Paraguay
  4. Exports of Tools, Hand; Other than Household Tools in Paraguay

Price for Tools, Hand; Other than Household Tools in Paraguay (CIF) - 2022

The average import price for tools, hand; other than household toolses stood at $6,340 per ton in 2022, growing by 32% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The import price peaked at $6,426 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($9,339 per ton), while the price for Colombia ($3,614 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+15.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tools, Hand; Other than Household Tools in Paraguay (FOB) - 2022

The average export price for tools, hand; other than household toolses stood at $13,962 per ton in 2022, jumping by 93% against the previous year. Overall, the export price posted perceptible growth. The growth pace was the most rapid in 2020 an increase of 1,309%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Guyana ($46,667 per ton), while the average price for exports to Chile ($2,840 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+4.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Tools, Hand; Other than Household Tools in Paraguay

In 2022, the amount of tools, hand; other than household toolses imported into Paraguay shrank to 425 tons, leveling off at the previous year's figure. Over the period under review, imports recorded a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of 35%.

In value terms, imports of tools, hand; other than household toolses surged to $2.7M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +6.5% 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 +95.9% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 49% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Import of Tools, Hand; Other than Household Tools in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8585648399774.4%
Brazil9035117649130.4%
United States61.832.556.245594.5%
Taiwan (Chinese)11448.564.1100-4.3%
Colombia62.640.122.337.8-15.5%
Others228177297208-3.0%
Total2,2281,3742,0432,6926.5%

Top Suppliers of Tools, Hand; Other than Household Tools to Paraguay in 2022:

  1. China (232.9 tons)
  2. Brazil (106.6 tons)
  3. United States (48.7 tons)
  4. Taiwan (Chinese) (12.4 tons)
  5. Colombia (10.5 tons)

Exports of Tools, Hand; Other than Household Tools in Paraguay

After two years of decline, shipments abroad of tools, hand; other than household toolses increased by 610% to 6 tons in 2022. Over the period under review, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of tools, hand; other than household toolses skyrocketed to $83K in 2022. In general, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Tools, Hand; Other than Household Tools in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GuyanaN/AN/AN/A70.00%
ChileN/AN/AN/A11.90%
BrazilN/A1.62.11.2-13.4%
ArgentinaN/A1.8N/AN/A0%
Thailand0.4N/AN/AN/A0%
Others0.22.63.9N/A341.6%
Total0.66.06.183.1417.4%

Top Export Markets for Tools, Hand; Other than Household Tools from Paraguay in 2022:

  1. Chile (4.2 tons)
  2. Guyana (1.5 tons)
  3. Brazil (0.3 tons)

Source: IndexBox Market Intelligence Platform

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