Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Paraguay - 2024
Contents:
- Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Paraguay (FOB) - 2022
- Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Paraguay (CIF) - 2022
- Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Paraguay
- Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Paraguay
Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Paraguay (FOB) - 2022
The average export price for soups and broths and preparations therefor; homogenised composite food preparationses stood at $3,469 per ton in 2022, flattening at the previous year. Over the period under review, the export price continues to indicate modest growth. The most prominent rate of growth was recorded in 2016 when the average export price increased by 252% against the previous year. Over the period under review, the average export prices hit record highs at $11,053 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for South Korea.
From 2012 to 2022, the rate of growth in terms of prices for South Korea amounted to +4.4% per year.
Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Paraguay (CIF) - 2022
In 2022, the average import price for soups and broths and preparations therefor; homogenised composite food preparationses amounted to $2,104 per ton, growing by 11% against the previous year. In general, the import price, however, continues to indicate a slight reduction. The growth pace was the most rapid in 2021 when the average import price increased by 32% against the previous year. Over the period under review, average import prices attained the maximum at $2,462 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 South Korea ($4,261 per ton), while the price for Argentina ($1,845 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+4.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Paraguay
For the third consecutive year, Paraguay recorded decline in shipments abroad of soups and broths and preparations therefor; homogenised composite food preparationses, which decreased by 0% to 299 tons in 2022. Overall, exports continue to indicate significant growth. The smallest decline of -74% was in 2020. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in years to come.
In value terms, exports of soups and broths and preparations therefor; homogenised composite food preparationses amounted to $1M in 2022. In general, exports showed a significant expansion. The smallest decline of -67.9% was in 2020. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.
Export of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Paraguay (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | N/A | N/A | N/A | 1.0 | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | N/A | N/A | N/A | 1.0 | 0% |
Top Export Markets for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations from Paraguay in 2022:
- South Korea (298.8 tons)
Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Paraguay
For the third year in a row, Paraguay recorded decline in supplies from abroad of soups and broths and preparations therefor; homogenised composite food preparationses, which decreased by -14.7% to 388 tons in 2022. In general, imports continue to indicate a abrupt decrease. The smallest decline of -12.5% was in 2020.
In value terms, imports of soups and broths and preparations therefor; homogenised composite food preparationses shrank to $816K in 2022. Over the period under review, imports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 9.3% against the previous year.
Import of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Paraguay (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Argentina | 737 | 506 | 321 | 335 | -23.1% |
Brazil | 197 | 253 | 322 | 327 | 18.4% |
Canada | 67.8 | N/A | 164 | 83.5 | 7.2% |
South Korea | 0.2 | 7.0 | 22.4 | 54.6 | 548.7% |
Others | 41.7 | 22.4 | 31.4 | 16.8 | -26.1% |
Total | 1,043 | 788 | 861 | 816 | -7.9% |
Top Suppliers of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations to Paraguay in 2022:
- Argentina (181.4 tons)
- Brazil (169.0 tons)
- Canada (20.5 tons)
- South Korea (12.8 tons)
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Global canned food imports amounted to X tons in 2016, remaining relatively unchanged against the previous year figure. The total import volume increased at an average annual rate of +X% from X>
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Germany continued its dominance in the global trade of homogenized composite food preparations. In 2014, Germany exported X thousand tons of homogenized composite food preparations totaling X million USD, X% under the previous year. Its primary tra
Global demand for soups and broths is expected to continue rising over the next seven years. The market is forecasted to experience growth in both volume and value terms, reaching 9.7M tons and $34.9B respectively by 2030.