Key Market Indicators
Bolivia's plastic imports are projected to surge to approximately $643 million by 2028, up from an estimated $564 million in 2023. This reflects an annual compound growth rate (CAGR) of 2.1%. Historical data since 1997 shows that Bolivian demand for plastic has increased at an average annual rate of 2.7%. Conversely, Bolivian plastic exports are expected to plummet to around $261,000 by 2028, down significantly from about $1.7 million in 2023. This represents an average annual decline of 28.2%. Since 1997, Bolivian plastic supply has seen a yearly decrease of 10.8%.