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South Korea Plastic Industry Outlook 2022 - 2026

See how South Korea Plastic performed compared to key markets such as China, the United States and Germany.

Key Market Indicators

Korea's plastic imports are expected to reach $14 billion by 2026, a 1.8% year-on-year increase from $12 billion in 2021. Since 1993, Korean demand has grown 3.6% year-on-year. In 2021, Korea was ranked 15th in the world, overtaken by Spain with $12 billion. The US, Germany, and France took the top three spots in the rankings. Korea's plastic exports are expected to reach $41 billion by 2026, an average year-on-year growth of 2.1% from $35 billion in 2021. Since 1993, Korean supply has increased 5.1% year-on-year. In 2021, Germany overtook Korea at $35 billion, ranking fourth in the world. The US, Germany, and South Korea took the top three spots in the rankings.

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South Korea Plastic Market Data and Forecasts

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