Key Market Indicators
Paraguay's plastic import market is projected to hit $650 million by 2028, up from $560 million in 2023. This growth represents a compound annual growth rate (CAGR) of 2.4%. Since 1994, the demand for plastics in Paraguay has consistently increased by 3% per year. On the export side, Paraguayan plastic exports are expected to reach $141 million by 2028, rising from $123 million in 2023. This marks an average annual growth rate of 2.3%. Paraguayan plastic supply has seen a steady rise of 3% annually since 1994.