Key Market Indicators
**Russian Plastic Imports Projected to Hit $11.5 Billion by 2028** **Moscow, Russia** - Russia's plastic import market is on a steady growth trajectory, with projections indicating it will reach approximately $11.5 billion by the year 2028. This marks an increase from around $10.5 billion in 2023, translating to an average annual growth rate of 1.5%. Since the turn of the millennium, Russian demand for plastics has shown consistent growth, averaging a 1.4% increase year on year. This trend reflects the country's expanding industrial and consumer needs. **Surge in Russian Plastic Exports to $4.4 Billion by 2028** In tandem with rising imports, Russia's plastic export sector is also set for significant growth. Forecasts suggest that exports will climb to roughly $4.4 billion by 2028, up from about $3.7 billion in 2023. This represents a compound annual growth rate (CAGR) of 2.6%. Since 2001, the supply of Russian plastic to international markets has surged, with an average yearly increase of 3.2%. This upward trend underscores the country's growing presence in the global plastics industry.
