Key Market Indicators
Bahrain's plastic export industry is projected to see a significant increase by 2028. The export value is expected to rise to approximately $252 million, up from around $224 million in 2023. This marks an average annual growth rate of 1.9%. Since 2005, the supply of plastic from Bahrain has consistently increased at an average rate of 3.5% per year. On the import front, Bahrain's demand for plastic is also set to grow. By 2028, plastic imports are forecasted to reach roughly $516 million, compared to about $451 million in 2023. This represents an average annual growth rate of 2.2%. Since 2005, the country's demand for plastic has risen steadily, with an average yearly increase of 3.1%. These trends indicate a robust expansion in both the import and export sectors of Bahrain's plastic industry over the next five years.
