Key Market Indicators
Lao Polypropylene Export is forecast to reach around 202,000 Kilograms by 2026, up from 176,000 Kilograms in 2021. On average, exports have increased by 16.7% year-on-year since 2016. In 2021, Laos ranked 86th in the world, lagging behind Sri Lanka at 176,000 Kilograms. South Korea, Germany and Singapore were the second, third and fourth largest exporters respectively. Meanwhile, Lao Polypropylene Import is expected to reach nearly 1 million Kilograms by 2026, slightly higher than the 942,000 Kilograms in 2021. On average, imports have grown by 2.6% year-on-year since 2015. In 2021, Laos ranked 102nd in the world, behind Albania at 942,000 Kilograms. Italy, Germany and Indonesia ranked second, third and fourth respectively.