Germany leads in global waste or scrap precious metal imports at $2.696 billion, followed by Japan and the UK. Key players like Canada and Switzerland showed notable growth while the U.S. saw significant decline. Emerging markets like Australia, Bosnia and Herzegovina, and Poland are rapidly increasing their import values. Conversely, traditional importers like South Korea and the UAE are decreasing. The growth in imports can be attributed to increased environmental awareness and recycling initiatives.
Future trends to watch include advancements in recycling technology, changing regulations around waste management, and shifting demand from developing nations. Sustainable sourcing practices will further impact market dynamics.
Top countries in Import of Waste or Scrap of Precious Metal by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 2,696,100,000 | 2023 | -0.43% | -1% | View data |
| 2 | 2 Japan | 2,449,800,000 | 2023 | +3.11% | +0.48% | View data |
| 3 | 3 United Kingdom | 2,050,800,000 | 2023 | +1.11% | +0.067% | View data |
| 4 | 4 Italy | 1,642,400,000 | 2023 | +2.66% | +2.7% | View data |
| 5 | 5 Canada | 1,641,400,000 | 2023 | +1% | +4.65% | View data |
| 6 | 6 Switzerland | 1,544,300,000 | 2023 | +1.91% | +5.96% | View data |
| 7 | 7 Singapore | 1,469,900,000 | 2023 | +3.22% | +10% | View data |
| 8 | 8 Belgium | 1,242,600,000 | 2023 | +6.45% | +1.47% | View data |
| 9 | 9 Spain | 1,109,000,000 | 2023 | +3.58% | +3.98% | View data |
| 10 | 10 South Korea | 559,920,000 | 2023 | +0.65% | -1.16% | View data |
