Key Market Indicators
The Emirati plastic export market is projected to grow to nearly $6.1 billion by 2028, up from approximately $5.7 billion in 2023. This represents an annual compound growth rate (CAGR) of 1.1%. Since 2012, the supply of plastics from the UAE has seen a modest annual growth of 0.8%. In terms of imports, the Emirati plastic market is expected to reach close to $5 billion by 2028, increasing from around $4.8 billion in 2023. This marks a CAGR of 0.6% over the forecast period. However, since 2012, the demand for plastics in the UAE has decreased by an average of 0.3% annually.
