Key Market Indicators
Paraguayan transformer imports are projected to reach $40 million by 2026, down 1% annually from 2021's total of $43 million. Since 1994, annual demand has grown 3.3%. In 2021, Paraguay ranked 86th, behind Lebanon with $43 million. China, Germany and Mexico took the next three spots. Meanwhile, Paraguayan transformer exports are forecast to total $2 million by 2026, down 0.1% from 2021's figure of $2 million. Since 1996, annual supply has risen 5.6%. In 2021, Paraguay placed 83rd, behind Uruguay with $2 million. Germany, the United States and Japan followed.
