The forecast for Extra-EU28 imports of copper, aluminium, and nickel waste to the UK indicates a gradual decline from 32.77 thousand metric tons in 2024 to 30.79 thousand metric tons by 2028. The import volume is projected to reduce consistently by approximately 1.6% year-on-year from 2024 to 2028. This represents the longer-term trend with a projected CAGR of -1.56% from 2024 onwards, comparing the initial value with the final forecasted value.
Future trends to watch for:
- Continued focus on sustainability and recycling might influence waste import volumes as domestic recycling capabilities improve.
- Trade policies and environmental regulations within the UK and the EU can significantly impact waste import dynamics.
- Technological advancements in recycling processes could affect raw material demand, altering import needs.