2025 Mar Paraguay Plastic packaging (HS 3923) Export Snapshot: Volume Rises

March Trend: Paraguay Plastic packaging Export

Plastic packaging, classified under HS Code 3923 (Articles for the conveyance or packing of goods, of plastics; stoppers, lids, caps and other closures, of plastics), saw mixed trends in March. Export value rose 4.08% MoM to $4.51M USD, while volume increased 8.64% to 2.53M kg. However, unit prices dropped 4.20% to $1.78/kg, marking the second consecutive monthly decline. The sustained growth in volume suggests stronger demand, but falling prices indicate competitive pressure or softer pricing power. Paraguay’s export momentum in plastic packaging remains steady, though margin compression could weigh on profitability.

Table: Paraguay Plastic Packaging Export Trend (Source: yTrade)

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Geographic Concentration & Market Logic

Brazil dominates Paraguay's plastic packaging exports, accounting for 79.59% of value but 82.14% of weight, revealing a bulk hub dynamic where high-volume, low-margin shipments drive trade. Argentina follows as a secondary market (18.54% value share), but the value-volume gap narrows (18.38% quantity share), suggesting slightly higher-value demand. The minimal presence of the U.S. and Uruguay (sub-1% value shares) highlights a hyper-regionalized supply chain, optimized for cost over diversification. This structure implies Paraguay’s exports prioritize scale efficiency in nearby markets rather than premium product specialization.

Table: Paraguay Plastic Packaging (HS Code 3923) Top Destination Countries (Source: yTrade)

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Paraguay HS Code 3923 Breakdown & Value Logic

yTrade data reveals HS 39233090 (plastic carboys, bottles, flasks) dominates Paraguay’s March 2025 exports, capturing 83% of value and 85% of quantity—a clear volume-driven market. The remaining sub-codes (closures, supports, etc.) are marginal, suggesting bulk, low-cost packaging drives demand. With no unit price data, the dominance hinges on sheer scale, not premium positioning. This signals Paraguay’s HS Code 3923 export strength lies in high-volume, utilitarian plastic packaging.

Table: Paraguay (HS Code 3923) Breakdown Details (Source: yTrade)

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Paraguay Plastic Packaging Buyers List

Table: Paraguay Plastic Packaging (HS Code 3923) Top Buyers List (Source: yTrade)

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Frequently Asked Questions

How did Paraguay Plastic packaging Export perform in March?

Exports rose 4.08% month-on-month to $4.51M, with volumes up 8.64% to 2.53M kg. Unit prices fell 4.20% to $1.78/kg.

What are the top Export partners for Paraguay Plastic packaging?

Brazil ($3.59M), Argentina ($835.32K), and Uruguay ($48.43K) accounted for the bulk of shipments.

Who are the major Plastic packaging Buyers?

Inpet Brasil Embalgens Plasticas S.A ($1.19M) and Salta Refrescos S.A ($587.89K) dominated buyer activity.

What is the specific HS Code for this trade?

The data covers HS Code 3923, with significant activity in plastics carboys, bottles, and flasks (HS 392330).