Forecast: Recycling of Ni-Cd Batteries in Norway

The recycling of Ni-Cd batteries in Norway is projected to grow steadily from 231 Metric Tons in 2024 to 241 Metric Tons by 2028. In 2023, the actual recycling volume stood at 228 Metric Tons. The year-on-year variation shows a consistent growth of approximately 1.30% between 2024 and 2028. Over the last two years, this variation has been observed at around 1.28% per year, demonstrating a steady increase. The average annual growth rate (CAGR) over the next five years is projected to be around 1.31%.

Future trends to watch for include advancements in battery recycling technologies, policies promoting sustainable waste management, and increased consumer awareness driving higher recycling rates. Additionally, any shifts within the Ni-Cd battery market, such as changes in production or consumption patterns, could impact future recycling volumes.