In 2023, Japan imported a considerable amount of nickel waste or scrap, with a volume of importation standing as the baseline for future forecasts. Predictions for 2024 to 2028 depict a steady rise in import volumes, with an increase from 14.253 million kilograms in 2024 to 15.851 million kilograms by 2028. This represents a compound annual growth rate (CAGR) of approximately 2.67% over this period, indicating consistent growth driven by industrial demand and recycling capacity enhancements.

Future trends to watch for include:

Potential policy changes in Japan's import regulations, which could impact volumes.
Global market conditions affecting nickel supply and competitive dynamics.
Technological advancements in recycling processes to increase efficiency and capacity.