Key Market Indicators
Tobago's plastic imports are projected to climb to approximately $342 million by 2028, a steady increase from around $307 million in 2023. This represents an average annual growth rate of 1.7%. Historical data indicates that since 1996, the nation's demand for plastic has risen by 2.5% annually. In contrast, Tobago's plastic exports are expected to decline slightly, reaching about $42 million by 2028, down from approximately $43 million in 2023. This decline reflects an average annual decrease of 0.3%. Since 1996, the country's plastic supply has consistently decreased by 0.4% per year.
