Key Market Indicators
SEOUL – Korean plastic imports are projected to surge to nearly $14.8 billion by 2028, up from approximately $13.2 billion in 2023. This reflects an annual growth rate of 1.8 percent, according to recent data. Since 1993, the demand for plastic in Korea has consistently risen, with an annual increase of 2.3 percent. On the export front, Korean plastic exports are forecasted to reach about $44.8 billion by 2028, climbing from around $39.4 billion in 2023. This represents an average annual growth rate of 2.1 percent. Korean plastic supply has shown a steady increase of 2.5 percent per year since 1993, underscoring the nation’s expanding role in the global plastic market.
