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Iran Plastic Industry Outlook 2024 - 2028

See how Iran Plastic performed compared to key markets.

Key Market Indicators

Iran's plastic export industry is projected to see significant growth in the coming years. By 2028, the nation's plastic exports are expected to reach approximately $8 billion, rising from nearly $7 billion in 2023. This represents an average annual growth rate of 2.1%. Since 2002, Iran's plastic supply has consistently increased, with an average annual growth of 3.2%. On the import side, the trend is moving in the opposite direction. Iran's plastic imports are anticipated to decrease to around $1.3 billion by 2028, down from roughly $1.5 billion in 2023. This decline translates to an average yearly decrease of 1.9%. Historical data since 2002 shows that Iranian demand for plastic imports has been on a downward trend, falling by an average of 2.2% each year.

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Iran Plastic Market Data and Forecasts