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Yemen Plastic Industry Outlook 2024 - 2028

See how Yemen Plastic performed compared to key markets.

Key Market Indicators

Yemeni plastic imports are projected to reach approximately $309 million by 2028, up from around $296 million in 2023. This marks a compound annual growth rate (CAGR) of 0.7%. Since 2009, Yemen's demand for plastic has seen a steady increase, rising by an average of 0.9% each year. In stark contrast, Yemeni plastic exports have witnessed a significant decline. In 2023, exports are expected to be close to $910,000, down from $1.17 million in 2022. This represents a sharp decrease of 22.5% compared to the previous year. Since 2009, Yemen's plastic supply for export has been on a downward trajectory, decreasing by an average of 16.8% annually.

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Yemen Plastic Market Data and Forecasts