In 2023, the volume of end-of-life vehicles (ELV) recycling in the UK stood at approximately 1.485 million metric tons. From 2024, the forecast predicts a steady year-on-year increase in ELV recycling volumes, reaching 1.6482 million metric tons by 2028. The average annual growth rate over this period is projected to be around 2.09%, indicating a robust upward trend.

Future trends to watch for:

Increased legislation and emphasis on circular economy principles could further bolster recycling efforts.
Technological advancements in recycling methods may enhance efficiency and volume.
Potential shifts in vehicle ownership patterns, like increased electric vehicle adoption, may impact recycling dynamics.