Key Market Indicators
Namibian plastic packaging import is forecasted to reach $57 million by 2026, up from $50 million in 2021. This represents an average year-on-year growth rate of 2.4%. Since 2005, the demand for Namibian plastic packaging has grown 6.8% year on year. In 2021, the country ranked 86th in this ranking; Paraguay was ahead with $49 million. Germany, France and Mexico were the top three countries in this ranking. Namibian plastic packaging export is expected to reach $906,000 in 2026, down from $1.8 million in 2021. This is a CAGR of 11.3% year on year. Since 2005, the supply of Namibian plastic packaging increased 1.5% year on year. In 2021, the country ranked 108th in this ranking; Burundi was ahead with $1.8 million. The United States, Germany and France were the top three countries in this ranking.