Key Market Indicators
Indonesian imports of plastic packaging are projected to reach around $626 million by 2026, up from $528 million in 2021. This marks an average annual growth rate of 3%. Since 1994, demand has increased by an average of 7.6% each year. In 2021, Indonesia came in 24th place in terms of import value, behind Denmark at $528 million. Germany, France, and Mexico were the top three countries in this ranking. Exports of plastic packaging from Indonesia are forecast to reach $394 million by 2026, up from $372 million in 2021. This is a small annual growth rate of 1.1%. Since 1994, supply has grown by an average of 1.9% each year. In 2021, Indonesia held 25th place in terms of export value, behind Lithuania at $372 million. The United States, Germany, and France were the top three countries in this ranking.