The import of Nickel Waste or Scrap to Sweden has shown fluctuations over the past decade. From 2013 to 2019, the volume generally trended upwards despite some variances, peaking in 2015 with a significant year-on-year growth of 23.72%. However, from 2017 onwards, the import volumes reflected a downward trend with some recovery in 2021 but ultimately resumed a declining pattern.
In 2023, the actual import volume stood at approximately 9.83 million kilograms, marking a slight 0.88% decrease from the previous year. The average annual change from 2019 to 2023 is a slight declining CAGR of 0.58%.
Forecasts from 2024 to 2028 suggest a continued gradual decrease in import volume, with an expected 5-year CAGR of -0.75% and an overall drop of 3.71% over this period. This trend could be indicative of broader shifts in supply chains or changing demand in the Swedish market.
Future trends to watch include global nickel prices, changes in recycling technology, and policies regarding the import and export of nickel waste and scrap. Environmental regulations and the growth of alternative materials could also influence these trends in the coming years.
