Key Market Indicators
Dane Plastic Product Sales are projected to decline to €2.2 billion by 2028, down from €2.5 billion in 2023, marking an average annual decrease of 2.4%. This continues a downward trend observed since 2013, where the market has contracted by an average of 2.7% each year. In 2023, Dane ranked 17th globally, with Portugal surpassing it at €2.5 billion. Italy, France, and the United Kingdom occupied the second, third, and fourth positions, respectively. On the export front, Dane Plastic exports are expected to grow modestly to $2.9 billion by 2028, up from $2.8 billion in 2023, reflecting an average annual growth rate of 0.7%. However, since 1994, the supply has seen a slight annual decrease of 0.2%. Imports of Dane Plastic products are anticipated to rise to $4.4 billion by 2028, increasing from $4.2 billion in 2023, with an average annual growth rate of 0.7%. Despite this growth, the demand has been on a decline since 1994, averaging a 0.6% decrease per year.