Analyzing the import of polyethylene waste or scrap to India, the values have fluctuated significantly over the last decade. Starting from $3.7391 million in 2013, imports saw dramatic declines and subsequent increases, reaching $12.388 million by 2023. YoY variations highlight both volatility and growth phases. After substantial drops in 2014 and 2015, the trend reversed, showing recovery and robust growth, especially in 2018 and 2021. Over the recent two years, the values grew by 21.69% and 11.4%, while the last five years registered an average annual growth (CAGR) of 3.73%.
Future trends indicate a continued increase with forecast values reaching $15.669 million by 2028. Key areas to watch include policy changes on waste import, advancements in recycling technology, and shifts in global polyethylene supply chains, which could significantly impact the future trajectory.
