Peru: Packaging Materials Market 2025

Packaging Materials Market Size in Peru

The Peruvian packaging materials market shrank to $X in 2022, which is down by -11.8% against the previous year. In general, the total consumption indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +15.8% against 2020 indices. As a result, consumption attained the peak level of $X, and then fell in the following year.

Packaging Materials Production in Peru

In value terms, packaging materials production declined slightly to $X in 2022 estimated in export price. In general, production, however, showed a resilient expansion. The pace of growth appeared the most rapid in 2019 when the production volume increased by 66% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

Packaging Materials Exports

Exports from Peru

In 2022, after four years of decline, there was growth in shipments abroad of packaging materials, when their volume increased by 2.2% to X tons. Overall, exports, however, saw a perceptible setback. The growth pace was the most rapid in 2017 with an increase of 83%. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, packaging materials exports contracted to $X in 2022. Over the period under review, exports, however, recorded a perceptible contraction. The pace of growth was the most pronounced in 2017 when exports increased by 69%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Chile (X tons), Ecuador (X tons) and Guatemala (X tons) were the main destinations of packaging materials exports from Peru, together accounting for 99% of total exports.

From 2012 to 2022, the biggest increases were recorded for Chile (with a CAGR of +1.7%), while shipments for the other leaders experienced a decline.

In value terms, Chile ($X), Ecuador ($X) and Guatemala ($X) constituted the largest markets for packaging materials exported from Peru worldwide, together accounting for 95% of total exports.

In terms of the main countries of destination, Ecuador, with a CAGR of +1.6%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average packaging materials export price stood at $X per ton in 2022, waning by -8.3% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average export price increased by 19%. As a result, the export price reached the peak level of $X per ton, and then dropped in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Venezuela ($X per ton), while the average price for exports to Chile ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (+19.7%), while the prices for the other major destinations experienced more modest paces of growth.

Packaging Materials Imports

Imports into Peru

In 2022, overseas purchases of packaging materials decreased by -7.7% to X tons for the first time since 2017, thus ending a four-year rising trend. Overall, total imports indicated a prominent expansion from 2012 to 2022: its volume increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.4% against 2017 indices. The most prominent rate of growth was recorded in 2013 when imports increased by 18%. Over the period under review, imports reached the peak figure at X tons in 2021, and then dropped in the following year.

In value terms, packaging materials imports contracted to $X in 2022. The total import value increased at an average annual rate of +1.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 37% against the previous year. As a result, imports reached the peak of $X, and then fell in the following year.

Imports by Country

The United States (X tons), Chile (X tons) and Germany (X tons) were the main suppliers of packaging materials imports to Peru, together accounting for 39% of total imports. Sweden, Russia, Finland, Brazil, Canada, Italy, China, Spain, France and the Czech Republic lagged somewhat behind, together comprising a further 36%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of +36.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Chile ($X), the United States ($X) and Brazil ($X) were the largest packaging materials suppliers to Peru, with a combined 38% share of total imports. Sweden, China, Germany, Italy, Russia, Finland, Canada, France, Spain and the Czech Republic lagged somewhat behind, together accounting for a further 34%.

Among the main suppliers, the Czech Republic, with a CAGR of +27.2%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average packaging materials import price stood at $X per ton in 2022, dropping by -6.4% against the previous year. Over the period under review, the import price continues to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2021 an increase of 17% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (-0.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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