Key Market Indicators
Paraguayan imports of diagnostic reagents will reach $37 million by 2026, up 3.1% year on year. In 2021, Paraguay was ranked 78th, with imports totaling $30.4 million. Latvia overtook Paraguay at this time. Germany, China, and the Netherlands held the second, third, and fourth spots respectively. Exports of diagnostic reagents from Paraguay are set to reach $18 million by 2026, a 4.1% year-on-year rise. In 2021, the country was ranked 106th, with exports totaling $14.1 million. Guyana overtook Paraguay at this time. Germany, the Netherlands, and the United Kingdom were the second, third, and fourth largest exporters respectively. Since 1998, Paraguayan supply has increased by 41.4% every year.