The import of waste or scrap of precious metal to Germany is projected to decline from $2.6931 billion in 2024 to $2.6438 billion in 2028. In 2023, the import value stood at $2.705 billion, marking a continued downward trend. The year-on-year percentage variation shows slight declines, reflecting an overall downward trajectory in demand or changes in supply dynamics. The compound annual growth rate (CAGR) from 2024 to 2028 indicates a modest average annual decrease.
Future trends to watch for include:
- Potential legislative changes in Germany and the European Union that could impact the importation of waste materials.
- Technological advancements in recycling processes that might affect the demand for imported scrap.
- Fluctuations in global precious metal prices, influencing the economic viability of importing scrap materials.
