Key Market Indicators
The Ivorian market for plastic packaging is set to grow over the next five years. Exports are expected to reach around $94 million by 2026, a 0.9% year-on-year average growth rate since 2021. This follows a 5.4% decrease in supply since 2000. In 2021, Ivorian exports of plastic packaging ranked 58th, with Argentina overtaking it at $89.7 million. The United States, Germany, and France came in at 2nd, 3rd, and 4th respectively. Imports of plastic packaging into the Ivory Coast are projected to reach $35.5 million by 2026, with a 2% year-on-year average growth rate since 2021. There has been a 0.4% increase in demand since 2000. In 2021, the country ranked 99th, with Uganda overtaking it at $31.6 million. Germany, France, and Mexico came in at 2nd, 3rd, and 4th respectively.