Key Market Indicators
Tanzania's plastic import market is projected to expand significantly, reaching approximately $580 million by 2028. This marks an increase from about $520 million in 2023, reflecting an average annual growth rate of 1.7%. Since the year 2000, the demand for plastic in Tanzania has risen steadily at an annual rate of 1.3%. On the export front, Tanzania's plastic exports are also on the rise. The export value is expected to climb to around $210 million by 2028, up from nearly $170 million in 2023. This represents a compound annual growth rate (CAGR) of 3.7%. Since 2002, the country's supply of plastic for export has seen modest annual growth of 0.5%.
