Forecast: Recycling of Lead Batteries in Norway

In 2023, the recycling rate of lead batteries in Norway was at 83.5 units. The projected data from 2024 to 2028 shows an upward trend, with values increasing from 85.1 units in 2024 to 91.2 units by 2028. This steady rise indicates a compound annual growth rate (CAGR) of 1.83% over the five-year period.

Key annual variations are as follows:

• 2024 to 2025: 1.76% increase

• 2025 to 2026: 1.73% increase

• 2026 to 2027: 1.70% increase

• 2027 to 2028: 1.78% increase

Future trends to watch for include advancements in recycling technologies, shifts in regulatory frameworks, and a possible increase in the adoption of electric vehicles, which could further elevate the demand for lead battery recycling.