Key Market Indicators
Luxembourger Plastic Product Sales are projected to hit €917 million by 2028, rising from €912 million in 2023. This marks an average annual growth rate of 0.1%. Over the past decade, the market has expanded at an average rate of 0.8% per year. In 2023, Luxembourg ranked 27th globally in plastic product sales, with Croatia leading the pack at €912 million. Italy, France, and the United Kingdom held the second, third, and fourth spots, respectively. On the export front, Luxembourger Plastic Exports are expected to climb to approximately $1.59 billion by 2028, up from $1.47 billion in 2023. This represents an average yearly growth rate of 1.3%. Since 2004, Luxembourg's plastic supply has consistently increased by 1% annually. Meanwhile, Luxembourger Plastic Imports are anticipated to reach around $1.64 billion by 2028, rising from $1.47 billion in 2023. This growth equates to an average yearly rate of 1.8%. Since 2004, the country's demand for plastic imports has surged by an average of 1.7% each year.