Key Market Indicators
Mongol Plastic Exports have experienced a significant decline in 2023, totaling approximately $89,000. This marks a sharp 54% decrease from the $193,000 recorded in 2022. The country’s plastic supply has been on a downward trend, falling by nearly 21% annually since 2001. On the import front, Mongol's Plastic Imports are projected to reach roughly $120 million by 2028, up from $118 million in 2023. This represents a modest annual growth rate of 0.4%. However, since 2001, the demand for plastic imports in Mongolia has decreased by about 1.5% each year.