Key Market Indicators
Namibian plastic exports are projected to climb to nearly $58.5 million by 2028, up from approximately $47.8 million in 2023. This represents an annual growth rate of 3.2%. Historical data shows a modest increase in supply, with an annual growth rate of 0.2% since 2005. On the import side, Namibia's plastic imports are expected to surge to around $241 million by 2028, up from $214.8 million in 2023. This indicates an annual growth rate of 1.9%. The demand for plastic imports has been on a steady rise, growing at an annual rate of 1.5% since 2005.
