The import of waste or scrap containing platinum as the sole precious metal to Japan is projected to increase steadily from 9.9824 million kilograms in 2024 to 11.278 million kilograms in 2028. In 2023, the import value stood at approximately the same level as the 2024 projection, marking a stable base year. The year-on-year percentage increase from 2024 to 2025 is approximately 3.34%, and from 2025 to 2026 is about 3.17%. From 2026 to 2027, the growth rate is 3.01%, while from 2027 to 2028, it is roughly 2.86%, reflecting a decelerating trend.
As a long-term trend, companies focused on recycling industries may witness heightened competition due to technological advancements and environmental policies prioritizing sustainability. Close attention to policy changes and technological breakthroughs influencing platinum reclamation is recommended. Observing shifts in demand from industries like automotive and electronics can provide further insights into future trends.
