Key Market Indicators
Azerbaijan’s plastic imports are projected to hit approximately $550 million by 2028, up from around $460 million in 2023. This represents an annual growth rate of 2.8%. Since 2001, the country's demand for plastics has surged by 4.7% annually. Meanwhile, Azerbaijan's plastic exports are expected to reach roughly $220 million by 2028, increasing from about $186 million in 2023. This marks an average annual growth rate of 2.6%. Over the past two decades, Azerbaijan's plastic supply has seen a remarkable annual increase of 9.5%.
