The forecast for Germany's iron and steel waste exports outside the EU27 from 2024 to 2028 shows a consistent upward trend, starting at 610.12 million euros in 2024 and rising to 772.82 million euros by 2028. The year-on-year percentage growth is stable, reflecting about a 6-7% increase annually. The compound annual growth rate (CAGR) over these five years suggests an average growth rate of approximately 6.1% per year. In 2023, the actual figures provide the context that this steady growth forecast is based on historical trends seen pre-2024.
Future trends to watch for:
- Global demand for recycled steel driven by sustainable practices.
- Fluctuations in steel prices impacting waste valuation.
- Regulatory changes within the EU and international markets.
- Technological advancements in recycling processes.
