Key Market Indicators
The Palestinian plastic packaging market is expected to grow steadily over the next five years. Imports are set to reach $53 million by 2026, growing at an average rate of 2.9% year on year from 2021's figure of $45 million. This is significantly higher than the 7.2% growth rate seen since 2012. Bosnia and Herzegovina was ahead of Palestine in 2021, with Germany, France and Mexico coming in at numbers 2, 3 and 4 respectively. Exports are anticipated to reach $69 million by 2026, increasing at an average rate of 2.7% year on year from 2021's figure of $59 million. This is significantly higher than the 4.4% growth rate seen since 2012. Honduras was ahead of Palestine in 2021, with the United States, Germany and France coming in at numbers 2, 3 and 4 respectively.
