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.
