As of 2023, the import value of polyethylene waste or scrap to the US was $42.558 million. Forecasts predict a gradual annual increase in the import values from 2024 through 2028. Specifically, the year-on-year growth rates are 2.13% for 2025, 2.04% for 2026, 1.97% for 2027, and 1.89% for 2028. Over this period, the compound annual growth rate (CAGR) is approximately 2.03%, indicating a steady growth trend in polyethylene waste imports.
Future trends to monitor include:
- Global recycling policy changes and their impact on import regulations.
- Technological advancements in recycling facilities that may affect the demand for imported polyethylene waste.
- Market fluctuations in global crude oil prices which can influence polyethylene production costs and import levels.