Key Market Indicators
Plastic packaging exports from Bermuda are expected to reach around $24 million by 2026, a 3% annual growth rate from $19 million in 2021. Since 2017, Bermudian supply has increased by 10%. In 2021, the country was ranked 129th in the world, with Bolivia ahead at $19 million. The United States, Germany and France came in second, third and fourth place in this ranking. Bermudian imports of plastic packaging are projected to reach $6.3 million by 2026, a 1% year-on-year growth rate from $5.9 million in 2021. Since 2015, demand has increased by 2.2%. In 2021, the country was ranked 133rd in the world, with Seychelles taking the lead at $5.9 million. Germany, France and Mexico came in second, third and fourth in this ranking.