Market research

Castor oil and fractions market in Paraguay

$Castor oil and fractions market in Paraguay$

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

Report language:

Report language:

Submission method: to your account

File format: docx, xlsx

Single Report

$500

Instant access to detailed data on one specific market
Ideal for one-off tasks: niche assessments, presentations, investment decisions
Available in Excel and Word in 15 minutes after purchase
Cheaper than subscription, but each market requires a separate purchase

Best if you know exactly what you need

Buy a single report

Platform Subscription

from$600

Complete and unlimited data access across products and regions
Includes continuous data updates during subscription period
Download reports instantly in Word, and Excel formats
More cost-effective for multiple markets or regular analysis

Ideal for regular data users

View pricing plans

Earlier Report Observations

The Paraguayan market for not chemically modified castor oil and its fractions showed variable volume from 2018 to 2023. After an initial drop from 2 481 t to 2 135 t in 2019, consumption rose for three consecutive years, peaking at 2 403 t in 2022, before falling back to 2 203 t in 2023.

The recovery phase from 2020 to 2022 added 268 t to the market. During this time, local industry relied on established distributors like Productos Químicos Paraguay and Química Industrial Paraguay. By 2023, global trends favoring castor oil for biofuels and natural cosmetics were widely reported, yet the local market volume contracted.

Looking ahead, international demand for biodiesel and eco-friendly products continued to be a market driver. Additionally, the implementation of Spain's Royal Decree 351/2025 on vegetable oil quality and labeling could affect export standards for Paraguayan castor oil from 2025, introducing a new regulatory consideration.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2025
    3. 4.1.1.3. Exports, 2018-2025
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Paraguay
  1. 5.1.1. Annual dynamics of production in Paraguay in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Paraguay in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Paraguay in kind, 2018-2025, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Paraguay by countries, 2018-2025, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Paraguay in value, 2018-2025, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Paraguay by countries, 2018-2025, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Paraguay, 2018-2025, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Paraguay by countries, 2018-2025, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Paraguay in kind, 2018-2025, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Paraguay by countries, 2018-2025, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Paraguay in value, 2018-2025, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Paraguay by countries, 2018-2025, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Paraguay, 2018-2025, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Paraguay by countries, 2018-2025, $ US/t
7. Trade balance
1. 7.1. Trade balance (Direct Data)
  1. 7.1.1. In kind, t
  2. 7.1.2. In value, K $ US
2. 7.2. Trade balance (Mirror Data)
  1. 7.2.1. In kind, t
  2. 7.2.2. In value, K $ US
8. Top buying and selling countries, 2018-2025
1. 8.1. Direct Data
  1. 8.1.1. Import in Value by Countries-buyers
  2. 8.1.2. Export in Value by Countries-suppliers
2. 8.2. Mirror Data
  1. 8.2.1. Import in Value by Countries-buyers
  2. 8.2.2. Export in Value by Countries-suppliers

Production castor oil and fractions in Paraguay

In kind, 2018-2021, t

From 2018 to 2021, Paraguay ranked sixth globally in terms of castor oil and fractions production volume.

Top producers of castor oil and fractions, 2018-2021

Source: SHEV.io

World map of production of castor oil and fractions, 2018-2021

Source: SHEV.io

In 2021, Paraguay produced 2,200 tonnes of castor oil and fractions, which remained virtually unchanged from 2020. Over the 2018-2021 period, production decreased by 9.7%, with a compound annual growth rate of -3.3%. The lowest production level was recorded in 2019 at 2,100 tonnes. That year also saw the largest decline of 13.8%, while 2020 experienced the biggest increase of 4.8%.

Annual dynamics of production in Paraguay in kind, 2018-2021, t

Parameter		2019	2020	2021	CAGR
1	Change from last year	(13.8%)	4.8%	-	(3.3%)

Source: SHEV.io

Exports castor oil and fractions from Paraguay

According to market data, Paraguay did not export any castor oil and fractions between 2018 and 2021.

Imports castor oil and fractions to Paraguay

Imports in kind, t

Import volumes showed noticeable fluctuations during this period. The lowest level was recorded in 2019 at 35.1 tonnes, which represented a 21.7% decline. By 2021, imports had climbed to their peak of 132.7 tonnes, marking a 260.7% increase compared to 2020. The difference between the 2019 low and 2021 high was 3.8-fold.

Annual dynamics of product's imports to Paraguay in kind, 2018-2021, t

Parameter		2019	2020	2021	CAGR
1	Change from last year	(21.7%)	4.8%	260.7%	43.6%

Source: SHEV.io

From 2018 to 2021, Brazil was Paraguay's primary import partner for castor oil and fractions in volume terms, accounting for 95.2% of total imports.

Structure of product's imports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Paraguay in kind, 2018-2021

Source: SHEV.io

Imports in value, K $ US

Import values exhibited significant fluctuations during this period. The lowest value was recorded in 2020 at 138.8 thousand US dollars, representing a 14.6% decline. By 2021, import values had reached their peak, totaling 263.9 thousand US dollars, which was a 90.1% increase compared to the previous year. The difference between the 2020 low and 2021 high was 1.9-fold.

Annual dynamics of product's imports to Paraguay in value, 2018-2021, K $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	(13.2%)	(14.6%)	90.1%	12.1%

Source: SHEV.io

Between 2018 and 2021, virtually all castor oil and fractions imports to Paraguay in value terms came from Brazil, which accounted for 95.3% of total import flows.

Structure of product's imports in value by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Paraguay in value, 2018-2021

Source: SHEV.io