In 2023, Germany's intra-EU27 exports of iron and steel waste stood at approximately 7.2 million metric tons. The forecasted data for 2024 to 2028 indicates a gradual decline in volume, with figures dropping from 7.13 million metric tons in 2024 to 6.85 million metric tons by 2028. This suggests a consistent year-on-year decrease, showcasing a negative trend.
Year-on-year variations show a downward trajectory through this period, indicative of decreased activity or potential market shifts. The compound annual growth rate (CAGR) over these five years reflects a subtle, yet clear decline.
Future trends to watch for:
- Regulatory changes in the EU environmental policy affecting waste export.
- Technological advancements in recycling that could reduce export needs.
- Economic factors within the EU affecting manufacturing outputs and scrap demand.