Key Market Indicators
The Saudi Arabian plastic packaging industry is expected to grow steadily over the next five years. Imports of plastic packaging into the country are forecast to reach $329.8 million by 2026, up 2.4% year on year from $288 million in 2021. Since 1996, Saudi demand has grown by an average of 4.8% annually. In 2021, Saudi Arabia ranked 35th in the world for imports, with Slovakia ahead at $288 million. Germany, France and Mexico made up the remaining top four. Meanwhile, exports of plastic packaging from Saudi Arabia are set to reach $229.8 million by 2026, an increase of 0.8% year on year from $221 million in 2021. Since 1996, Saudi supply has risen by an average of 4.2% annually. In 2021, the country ranked 38th in the world for exports, with South Africa ahead at $221 million. The United States, Germany and France made up the rest of the top four.
