Key Market Indicators
Iceland's plastic packaging exports are expected to reach $14.3 million by 2026, up 1.7% year-on-year on average. Since 1993, the country's supply has grown 5.7% each year. In 2021, Iceland came in 87th place, overtaken by Panama with $13 million. The United States, Germany, and France ranked second, third, and fourth respectively. Iceland's plastic packaging imports are forecast to reach $50 million by 2026, up 2.1% year-on-year on average. Since 1993, the country's demand has risen 5.4% annually. In 2021, Iceland was placed 90th, surpassed by Palestine with $44.3 million. Germany, France, and Mexico ranked second, third, and fourth respectively. In 2018, Iceland's plastic packaging sales were €41 million, down from €44.6 million the year before. The country ranked 29th, overtaken by Estonia with €41 million. Italy, France, and Spain came in second, third, and fourth places respectively.
