Key Market Indicators
Estonian plastic product sales are projected to hit approximately €561 million by 2028, up from €479 million in 2023. This marks an average annual growth rate of 2.5%. Since 2013, the Estonian market has seen an average yearly increase of 2.8%. In the global ranking for 2023, Estonia placed 29th, with Bosnia and Herzegovina surpassing it at €479 million. Italy, France, and the United Kingdom secured the second, third, and fourth positions, respectively. On the export front, Estonia's plastic exports are expected to reach around $516 million by 2028, rising from $461 million in 2023. This growth reflects a compound annual growth rate (CAGR) of 1.8% since 2000, with an annual supply increase of 2.2%. Meanwhile, Estonia’s plastic imports are set to climb to nearly $896 million by 2028, compared to $806 million in 2023. This translates to a 1.7% CAGR since 2000, with demand growing by 1.9% annually.
