The forecast data shows a consistent decline in the value of iron and steel waste intra-EU28 imports to Germany from 2024 onwards, with the value decreasing from 976.51 million Euros in 2024 to 885.26 million Euros in 2028. This reflects a year-on-year decrease of approximately 2.4% to 2.6%, suggesting a downward trend over these years. The compound annual growth rate (CAGR) over this five-year period is negative, indicating a steady reduction in import value.
Future trends to watch for include potential changes in EU market regulations, shifts in environmental policies aimed at reducing waste, advancements in recycling technologies, and economic factors within the EU that might impact intra-bloc trade. Monitoring these aspects will help understand the sustainment or acceleration of this declining trend.
