The forecasted Extra-EU28 imports of precious metals waste to Germany show a consistent yearly increase from 2024 through 2028. In 2023, the actual import value was recorded at 1.7825 billion Euros. Moving forward, annual growth rates reflect a slightly accelerating trend: 2.43% from 2024 to 2025, 2.32% from 2025 to 2026, 2.22% from 2026 to 2027, and 2.13% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over these five years is approximately 2.27%.
Future trends to watch for include:
- Potential shifts in global demand for precious metals, affecting import volumes and prices.
- Regulatory changes within and outside the EU that could influence trade flows.
- Technological advancements in recycling processes that could either augment or reduce imports.
- The impact of global economic conditions and geopolitical developments on the precious metals market.