Key Market Indicators
Sales of plastic packaging in Latvia are set to reach €112 million by 2026, up from €97 million in 2021. This represents an average growth rate of 2.5% year on year since 2013. In 2021, Latvia was ranked 26th in the world, behind Bosnia and Herzegovina. Italy, France and Spain respectively held the top three positions. Imports of plastic packaging in Latvia are forecast to reach $122 million by 2026, compared to $108 million in 2021. This represents an average growth rate of 2.1% year on year since 1999. In 2021, Latvia was ranked 61st in the world, behind Algeria. Germany, France and Mexico held the top three positions. Exports of plastic packaging in Latvia are expected to reach $75 million by 2026, up from $65 million in 2021. This represents an average growth rate of 2.4% year on year since 1999. In 2021, Latvia was the 67th largest exporter of plastic packaging, behind Bosnia and Herzegovina. The United States, Germany and France held the top three positions.
