In 2023, the import of waste and scrap of cast iron to France stood at an actual value, providing a baseline for forecasting future trends. From 2024 to 2028, a consistent decline is projected, with imports decreasing from 50.019 million kg to 35.641 million kg. This represents a compound annual growth rate (CAGR) of a negative percentage, indicating an average decline per year over the five-year period. Year-on-year, the decreases highlight a downward trend in import volumes, suggesting potential shifts in supply chains or decreased domestic demand for recycled cast iron.
Future trends to watch for:
- Potential policy changes in waste management and recycling.
- Market demand in industries utilizing recycled cast iron.
- Technological advancements improving recycling efficiency.
- Global market trends affecting supply and pricing of raw materials.
