Key Market Indicators
Peru's antibiotics import market is projected to reach nearly $39 million by 2028. This marks an increase from approximately $36 million in 2023, with a compound annual growth rate (CAGR) of 1.4%. The demand for antibiotics in Peru has seen a steady rise of about 1% annually since 1997. On the export front, Peru experienced a significant downturn in 2018. The total value of antibiotics exports fell to roughly $128,000, a steep decline from about $243,000 in 2017—down by 47.2%. Despite this recent drop, the long-term trend since 1997 shows an annual growth of 1.2% in the country's antibiotics supply.