The import of waste and scrap of paper and paperboard to the US is forecasted to continue its upward trend from 2024 to 2028. Starting in 2024, the value is projected at $172.98 million USD and sees steady growth reaching $187.59 million USD in 2028. The Compound Annual Growth Rate (CAGR) for the 2024-2028 period is steady with moderate increases expected each year. Unfortunately, the data for 2023 is not provided, making it challenging to analyze the exact growth from the previous year. The year-on-year percentage increase is consistent as you progress through the forecasted period.
Future trends to watch for include:
- Sustainable and eco-friendly practices leading to increased recycling rates which might impact import needs.
- Policy changes or tariffs on international trade affecting the import cost and supply chain dynamics.
- Economic factors and global demand for recycled material impacting price fluctuations.
