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Vietnam Plastic Industry Outlook 2024 - 2028

See how Vietnam Plastic performed compared to key markets.

Key Market Indicators

Vietnam's plastic export is projected to rise significantly in the coming years. By 2028, the nation's plastic export value is expected to hit approximately $5 billion, up from around $4.2 billion in 2023. This growth represents a compound annual growth rate (CAGR) of 2.7%. Since 2005, the supply of Vietnamese plastic has seen a year-on-year increase of 4.3%. On the import front, Vietnam's plastic import is also on an upward trajectory. By 2028, the import value is anticipated to reach roughly $20 billion, climbing from about $16.8 billion in 2023. This translates to an average annual growth rate of 2.8%. Vietnamese demand for plastic has experienced a consistent year-on-year increase of 4.5% since 2005. These trends highlight Vietnam's expanding footprint in the global plastic market, both as a significant exporter and importer.

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Vietnam Plastic Market Data and Forecasts

How much will Vietnam Plastic Market grow to 2028?

Forecast: Import of Plastics and Articles Thereof to Viet Nam
Forecast: Export of Plastics and Articles Thereof from Viet Nam
Forecast: Import of Polypropylene to Viet Nam
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