Key Market Indicators
Antigua's plastic imports are projected to climb to approximately $25 million by 2028, up from about $22 million in 2023. This increase represents an average annual growth rate of 2.4%. Since 2005, the demand for plastics in Antigua has risen steadily by 2.3% each year. In contrast, Antiguan plastic exports are expected to drop significantly. By 2028, exports are forecasted to fall to roughly $39,000, down from about $94,000 in 2023. This decline marks a compound annual growth rate (CAGR) of -13.7%. Since 2005, the country's plastic supply has decreased by an average of 0.4% annually.