From 2013 to 2023, the market size value per capita for mixted odoriferous substances for industrial use in Paraguay showed significant growth, with the value rising from $7.9 to $16.31. The most noticeable growth occurred between 2013 and 2017, with a steady increase. There was a minor decline in 2018, and a subsequent dip in 2020. However, the market rebounded strongly in 2021, continuing upward through 2023 with a year-on-year increase leading to 2023.
The last five-year CAGR (Compound Annual Growth Rate) signifies a robust upward trend, highlighting consistent interest and development in this market segment.
Future trends to watch for:
- Continued innovation and demand in industrial sectors driving further growth.
- Potential impacts of global supply chain shifts on the local market.
| # | 44 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 84.24 | 2023 | View data | ||
| 2 | 2 Spain | 75.43 | 2023 | View data | ||
| 3 | 3 Germany | 60.69 | 2023 | View data | ||
| 4 | 4 United Kingdom | 60.64 | 2023 | View data | ||
| 5 | 5 Canada | 58.31 | 2023 | View data | ||
| 26 | 26 Saudi Arabia | 18.54 | 2023 | View data | ||
| 27 | 27 Latvia | 17.65 | 2023 | View data | ||
| 28 | 28 Paraguay | 16.31 | 2023 | |||
| 29 | 29 Namibia | 15.6 | 2023 | View data | ||
| 30 | 30 Estonia | 15.5 | 2023 | View data | ||
