In 2023, the re-import of waste or scrap containing platinum as the sole precious metal to the UK stood at a specific value, with the subsequent forecast from 2024 onwards showing a gradual declining trend. By 2028, projections suggest a decrease from 2024 levels, indicating a steady year-on-year reduction in the value of re-imports.
Future trends to watch for include:
- Potential regulatory changes impacting the recycling industry.
- Fluctuations in global platinum demand and prices.
- Technological advancements in recycling processes.
- Emerging environmental policies that could influence the market dynamics.
