Key Market Indicators
Colombian plastic exports are projected to soar to approximately $1.76 billion by 2028, up from around $1.63 billion in 2023. This marks an annual compound growth rate (CAGR) of 1.3%. Historical data reveals that since 1996, Colombia's plastic supply has seen a yearly increase of about 1.2%. On the import front, Colombia's plastic demand is expected to rise to roughly $3.06 billion by 2028, up from about $2.75 billion in 2023. This growth represents a CAGR of 1.7%. Since 1996, the nation's plastic import demand has grown annually by 1.8%. The steady increase in both export and import figures highlights Colombia's expanding role in the global plastic market, reflecting broader economic trends and increasing industrial demand.
