The import of aluminium waste or scrap to Japan is projected to decrease significantly from 2024 to 2028. Starting at 26.988 million kilograms in 2024, imports fall sharply to 11.273 million kilograms by 2028. This decline indicates a year-on-year average reduction, highlighting a consistent downtrend. Although specific 2023 values are unavailable, these forecasts demonstrate a contraction in demand or changes in Japan’s recycling or waste management policies. The compound annual growth rate (CAGR) over these five years reflects a substantial average annual shrinkage, emphasizing potential shifts in market dynamics or efficiency gains in domestic recycling efforts.
Future trends to watch for:
- Changes in Japan’s environmental policies or recycling efficiency.
- Global aluminium market fluctuations impacting scrap availability.
- Technological advancements in waste recycling processes.
- Economic factors influencing the import-export dynamics of scrap materials.
