Key Market Indicators
Bahamian Plastic Export is projected to decline slightly over the next five years. According to recent data, the export value is expected to fall from approximately $113 million in 2023 to around $111 million by 2028. This represents an annual decrease of 0.2%. Since 2002, Bahamian plastic supply has consistently decreased by an average of 0.3% each year. In contrast, Bahamian Plastic Import is on the rise. The import value is forecasted to climb from approximately $170 million in 2023 to about $187 million by 2028. This indicates an annual growth rate of 1.6%. Historical data shows that Bahamian demand for plastic has increased by an average of 2.2% per year since 2002.