The Estonian plastic market reached a volume of 126.02 Million Kilograms in 2023. Over the last two years, the volumes showed modest growth, with an average year-on-year increase of around 1.4%. Analyzing over a five-year span, the CAGR stands at 1.21%, indicating a steady yet cautious growth trajectory. This market experienced notable fluctuations, with a significant drop in 2015 and a robust recovery in 2020.
Future trends to watch for include:
- Adoption of sustainable practices and development of biodegradable plastic alternatives.
- Regulatory changes impacting production and consumption patterns.
- Technological advancements in plastic recycling.
How does Estonia rank in Plastics Market Size Volume?
| # | 14 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 11,070,000,000 | 2023 | +1.5% | +1.24% | View data |
| 2 | 2 France | 5,987,000,000 | 2023 | +0.094% | -0.98% | View data |
| 3 | 3 Spain | 3,829,200,000 | 2023 | -0.79% | +2.24% | View data |
| 4 | 4 United Kingdom | 2,985,000,000 | 2023 | -1.42% | -1.71% | View data |
| 5 | 5 Romania | 1,202,000,000 | 2023 | +2.76% | +2.36% | View data |
| 12 | 12 Greece | 354,030,000 | 2023 | +1.87% | +3.66% | View data |
| 13 | 13 Croatia | 284,990,000 | 2023 | +3.04% | +2.93% | View data |
| 14 | 14 Estonia | 122,410,000 | 2023 | +1.41% | +1.21% | |
