2025 Peru Plastic Films (HS 3920) Export: Market Collapse

Key Takeaways

Plastic Films, classified under HS Code 3920 (Plates, sheets and films of plastics, non-cellular, unreinforced or non-laminated), exhibited extreme volatility from January to November 2025.

• Market Pulse: Steady demand through September ($38.97M–$48.59M monthly) collapsed after an October surge ($100.90M), with November hitting a record low ($15.71M).
• Structural Shift: Peru Plastic Films Export relies heavily on Chile (22.7% of value), creating geographic risk despite premium pricing (42% value-weight gap).
• Product Logic: HS Code 3920 trade data shows 70% of exports are commodity polyolefins, but niche polymers like polyesters command premium prices ($6.14/kg vs. $2.20/kg).

This overview covers the period from January to November 2025 and is based on verified customs data from the yTrade database.

Peru Plastic Films (HS Code 3920) Key Metrics Trend

Market Trend Summary

The Peru Plastic Films Export trend showed steady performance through the first three quarters of 2025, punctuated by extreme volatility in the final quarter. From January to September, monthly export values fluctuated between $38.97M and $48.59M, with weight volumes ranging from 12.54M to 17.58M kg. October witnessed an anomalous surge to $100.90M (151.96% MoM growth) before collapsing to just $15.71M in November—the lowest monthly value recorded. This pattern suggests stable underlying demand disrupted by exceptional factors in Q4.

Drivers & Industry Context

The relative stability through September aligns with Peru's established position as a key global supplier of HS Code 3920 products, particularly heat-sealable films where it holds 19% global market share [FreightAmigo]. No major 2025 policy changes affected these exports, allowing consistent trade flows. The October spike likely reflects either concentrated shipments of high-value specialty films or data reporting anomalies, while the November crash indicates market correction. The overall hs code 3920 value remains anchored by demand from packaging and industrial sectors, though traders should monitor for recurring volatility patterns in year-end shipping cycles.

Table: Peru Plastic Films Export Trend (Source: yTrade)

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Peru HS Code 3920 Export Breakdown

Market Composition & Top Categories

Peru's HS Code 3920 export market is dominated by polypropylene and polyethylene plastic films, which together account for over 70% of the total export value. According to yTrade data, polypropylene films (HS 3920209000) represent 44% of the value, while polyethylene films (HS 3920100000) contribute 28%. The remaining exports consist of specialized films like polyamides and polyesters, though these hold smaller shares under 10% each.

Value Chain & Strategic Insights

Unit prices for these Peru HS Code 3920 exports range widely from $2.20 to $6.14 per kilogram, indicating a mix of standard and higher-value specialized products. This breakdown suggests a primarily commodity-driven market where bulk polyolefin films dominate, but niche polymers like certain polyesters command premium prices. Overall, the trade structure leans toward price-sensitive bulk materials, with limited but clear opportunities in differentiated, higher-margin specialties.

Table: Peru HS Code 3920) Export Breakdown Details (Source: yTrade)

Check Detailed HS Code 3920 Breakdown

Peru Plastic Films Destination Countries

Geographic Concentration & Market Risk

Chile is Peru's dominant market for plastic films, capturing 22.7% of total export value from January to November 2025. This heavy reliance on a single trade partner creates significant exposure to any economic or regulatory shifts in Chile. Peru's export strategy for this product remains highly concentrated, with the top three destinations—Chile, the United States, and Bolivia—accounting for over half of all export value. Diversifying into secondary markets like Brazil or Mexico could mitigate this geographic risk.

Purchasing Behavior & Demand Segmentation

Chilean imports show a clear preference for higher-margin products, with a value share 42% greater than its weight share. This gap indicates quality-conscious demand for specialized films, likely used in premium packaging or agricultural applications, rather than commodity-grade bulk material. The market offers strong margin potential for Peruvian exporters who can meet these specifications. In contrast, trade with the United States trends toward volume, with its weight share exceeding its value share by 15%, reflecting more price-sensitive industrial demand.

Table: Peru Plastic Films (HS Code 3920) Top Destination Countries (Source: yTrade)

Get Peru Plastic Films (HS Code 3920) Complete Destination Countries Profile

Peru Plastic Films Buyer Companies Analysis

Buyer Concentration & Market Structure

According to yTrade data, the Peru Plastic Films export market is heavily concentrated among high-volume repeat buyers, who represent 69.87% of the total value share. This dominance indicates a stable, contract-based supply chain, with key accounts like BOPP CHILE S.A. operating on consistent ordering cycles. Recent updates to Peru's export classifications, as detailed by [FreightAmigo], further solidify this structured approach to trade.

Purchasing Behavior & Sales Strategy

The high frequency of purchases from these loyal partners suggests deep integration into their production processes, reducing the need for aggressive customer acquisition. Sellers should prioritize relationship management and offer volume-based incentives to secure long-term contracts, as HS Code 3920 buyer trends show minimal volatility in this core segment.

Table: Peru Plastic Films (HS Code 3920) Top Buyers List (Source: yTrade)

Check Full Peru Plastic Films Buyers list

Action Plan for Plastic Films Market Operation and Expansion

• Diversify export markets: Target Brazil and Mexico to reduce reliance on Chile, which accounts for over 1/5 of Peru’s plastic film exports.
• Lock in contracts with top buyers: Renegotiate terms with high-volume repeat clients (69.87% of value) to stabilize revenue amid Q4 volatility.
• Shift production toward premium films: Capitalize on Chile’s quality-conscious demand by increasing output of higher-margin polyesters and polyamides.
• Audit logistics costs: Bulk shipments to the U.S. (15% higher weight share than value) require cost optimization to preserve margins.
• Monitor year-end shipping cycles: Prepare for recurring Q4 volatility by adjusting inventory and pricing strategies ahead of 2026.

Take Action Now —— Explore Peru Plastic Films HS Code 3920 Export Data

Frequently Asked Questions

Q1. What is driving the recent changes in Peru Plastic Films Export in 2025?

Peru's Plastic Films exports showed steady demand until Q4 2025, when an October surge ($100.9M) and November crash ($15.71M) disrupted the trend. This volatility likely reflects exceptional factors like concentrated high-value shipments or data anomalies, though underlying demand remains stable.

Q2. Who are the main destination countries of Peru Plastic Films (HS Code 3920) in 2025?

Chile dominates with 22.7% of export value, followed by the U.S. and Bolivia. Together, these top three markets account for over half of Peru’s Plastic Films exports.

Q3. Why does the unit price differ across destination countries of Peru Plastic Films Export in 2025?

Prices range from $2.20 to $6.14/kg due to product mix: Chile pays premiums for specialized films (e.g., polyesters), while the U.S. focuses on cheaper bulk polyolefin films.

Q4. What should exporters in Peru focus on in the current Plastic Films export market?

Prioritize long-term contracts with high-volume buyers (69.87% of value) and diversify into secondary markets like Brazil to reduce reliance on Chile.

Q5. What does this Peru Plastic Films export pattern mean for buyers in partner countries?

Chilean buyers can secure premium-quality films, while U.S. importers benefit from stable bulk supply. However, reliance on Peru’s concentrated market may pose supply risks.

Q6. How is Plastic Films typically used in this trade flow?

Peru’s exports are primarily polypropylene/polyethylene films (70% share), used in packaging and industrial applications, with niche polymers serving premium sectors like agriculture.

Detailed Monthly and Quarterly Report

Peru HS Code 3920 Export Data Snapshot 2025 JAN

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