75% of plastic production is consumed in the domestic market and the rest is exported mostly to Central America.
"The majority of foreign sales are directed to the Central American market, and the rest goes to the Caribbean, Puerto Rico, Dominican Republic, Haiti, Trinidad and Tobago, United States, Mexico and some South American countries", reported Prensalibre.com .
In 2016 the value of imported plastic and its manufactures in the region amounted to $3.668 million, equivalent to 1.7 million tons, 9% more than the volume purchased in 2015.
Figures from the information system on the Central American Market for Plastics and its Manufactures, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with the graph"]
In 2015 the countries of the region exported $1000 million worth of plastic and plastic products, led by Costa Rica and El Salvador, with $354 million and $337 million respectively.
MarketDataon Plastics and Plastic Products in Central America,compiled by the Business Intelligence Unit at CentralAmericaData.com, shows that in 2015 the countries of the region exported 480 thousand tons ofplastics and articles made of plastic, with a total value of $1056 million.
Between January and May, recycled plastic exports generated revenues of $2.2 million.
Jalil de Leon, executive director of the union of plastics companies attached to the Chamber of Industry of Guatemala (CIG), said that the domestic industry is also taking advantage of this market, a sector which reported growth of 12% in terms of the volume of what is recycled and transformed.
After the 2009 crisis, plastic exports reported growth for a second consecutive year.
At the end of 2011 total foreign sales amounted to $241.8 million, up 14% compared to 2010 with exports of $211.2 million.
In terms of the volume of exports, the president of the Plastics Commission at Agexport , Rolando Paiz, indicated they were 8,767 metric tons, 6,122 (7%) more than in the previous year.
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