Key Market Indicators
Algerian plastic exports have experienced a significant decline, totaling approximately $1.3 million in 2023, down from around $1.7 million in 2022. This represents a decrease of 22.8% compared to the previous year. Since 1997, the country's plastic supply has diminished by an average of 17% annually. On the other hand, Algerian plastic imports are on the rise. The imports are projected to reach roughly $2.9 billion by 2028, up from about $2.6 billion in 2023. This marks an average annual growth rate of 2%. Since 1997, Algerian demand for plastic has increased by an average of 3% each year.
