Key Market Indicators
German plastic product sales are projected to climb to €89 billion by 2028, up from €81 billion in 2023. This marks an average annual growth rate of 1.6%. Since 2013, the German market has experienced a steady increase of 1% annually. In the European ranking, Italy, France, and the United Kingdom follow Germany, occupying the second, third, and fourth positions, respectively. On the export front, Germany's plastic exports are set to reach $75 billion by 2028, rising from $69 billion in 2023. This represents an average annual growth rate of 1.3%. German supply has been on an upward trajectory since 1996, with a yearly increase of 1.6%. Imports of plastic into Germany are also on the rise, expected to hit $54 billion by 2028, up from $49 billion in 2023. This growth reflects a compound annual growth rate (CAGR) of 1.6%. Since 1996, German demand for plastic imports has grown by 1.7% annually.
