The European battery recycling market shows a varied distribution of cadmium content by country. As of 2023, Germany leads with a dominant share of 37.31 metric tons, followed by the Netherlands and Sweden with 22.2 and 13.28 metric tons, respectively. The year-on-year variation highlights Germany's 3.09% increase and the Netherlands' 4.58% decline. Belgium experienced significant growth at 5.77%, while Norway had the most considerable decrease at 16.74%. Overall, smaller markets like Slovenia showed robust growth, with a 14.87% increase, contrasting with declines in Lithuania and Austria.
Future trends to watch include the potential increase in recycling capacities driven by EU regulations aimed at reducing environmental impact and the transition to more sustainable battery technologies. The development of more efficient recycling processes and advancements in technology could lead to shifts in the industry dynamics, particularly favoring countries with proactive recycling policies.
Top countries in Recycling of Batteries with Cadmium Content Share by Country (Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 37.31 | 2023 | +6.54% | +3.09% | View data |
| 2 | 2 Netherlands | 22.2 | 2023 | -6.73% | -4.58% | View data |
| 3 | 3 Sweden | 13.28 | 2023 | +3.57% | +2.61% | View data |
| 4 | 4 Belgium | 10.3 | 2023 | +4.65% | +5.77% | View data |
| 5 | 5 Czech Republic | 3.66 | 2023 | 0% | -2.33% | View data |
| 6 | 6 Ireland | 2.75 | 2023 | 0% | +2.94% | View data |
| 7 | 7 Slovakia | 2.06 | 2023 | +12.5% | +5.15% | View data |
| 8 | 8 Austria | 1.83 | 2023 | -20% | -7.79% | View data |
| 9 | 9 Lithuania | 1.83 | 2023 | -11.11% | -7.17% | View data |
| 10 | 10 Norway | 1.37 | 2023 | -25% | -16.74% | View data |
