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Lesotho Plastic Industry Outlook 2024 - 2028

See how Lesotho Plastic performed compared to key markets.

Key Market Indicators

Mosotho Plastic Export is poised for significant growth, projected to reach approximately $1.9 million by 2028. This marks an increase from $1.6 million in 2023, with a compound annual growth rate (CAGR) of 3.2%. Notably, since 2008, the country's plastic supply has surged by 5.1% annually. In contrast, Mosotho Plastic Import is expected to decline in the coming years. By 2028, imports are anticipated to drop to around $30.4 million, down from $34.1 million in 2023. This represents a yearly decrease of 1.8% CAGR. Since 2008, the nation's demand for imported plastic has been decreasing by 2% each year.

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Lesotho Plastic Market Data and Forecasts