Key Market Indicators
Maldivian plastic exports are projected to climb to approximately $88,000 by 2028, up from $80,000 in 2023, marking an average annual growth rate of 1.7%. Since 2008, the nation's plastic supply has seen a steady increase of 2.1% per year. On the import side, Maldivian plastic imports are expected to reach nearly $142 million by 2028, rising from around $116 million in 2023. This reflects a compound annual growth rate (CAGR) of 3.2%. Since the year 2000, the demand for plastic in the Maldives has grown by 3.8% annually.