Key Market Indicators
Peruvian plastic imports are projected to surge to nearly $2.8 billion by 2028, up from approximately $2.5 billion in 2023. This represents an average annual growth rate of 1.9%. The demand for plastic in Peru has been on a steady rise, increasing at the same rate since 1997. Meanwhile, Peruvian plastic exports are also on an upward trajectory. Exports are expected to reach around $657 million by 2028, climbing from roughly $585 million this year. This growth mirrors the import rate, averaging 1.9% annually. Since 1997, the supply of Peruvian plastic has seen a slightly higher average annual growth rate of 2.1%, underscoring the expanding role of the country in the global plastic market.
