Key Market Indicators
Peruvian Aromatics Import is projected to decline to approximately $21,000 by 2028, down from around $27,000 in 2023. This represents an average annual decrease of 3.8%. Historically, since 1997, Peruvian demand for aromatics has decreased by 4.2% per year. On the export front, Peruvian Aromatics Export is expected to rise to nearly $41,000 by 2028, up from roughly $31,000 in 2023. This growth signifies a compound annual growth rate (CAGR) of 4.4%. Since 2011, Peruvian aromatic supply has increased by an average of 1.6% annually. In 2023, Peru ranked 24th in aromatic exports, with Thailand surpassing it with exports also valued at about $31,000. Leading the global aromatic export market were China, India, and Japan, occupying the second, third, and fourth positions respectively.
