In 2023, the intra-EU27 imports of iron and steel waste by Italy stood at an estimated level. For the years 2024 through 2028, the imports are forecasted to increase steadily. The expected values are projected to rise from 1.7488 billion Euros in 2024 to 1.9439 billion Euros in 2028, indicating a consistent upward trend.
From 2024 to 2025, there is a year-on-year growth of approximately 2.8%. Similarly, the period from 2025 to 2026 sees an increase of around 2.7%, while from 2026 to 2027, the imports are expected to grow by about 2.6%. Finally, from 2027 to 2028, the growth rate is anticipated to be approximately 2.5%. The compound annual growth rate (CAGR) over the five-year period is estimated to be steady, reflecting a healthy demand and recovery in the steel recycling market.
Future trends to watch include shifts in EU economic policies concerning waste management, technological advancements in recycling processes, and global market dynamics affecting iron and steel prices. Monitoring the sustainability initiatives within the EU may also provide insights into further import patterns.
