In 2023, Italy's import of waste or scrap containing platinum stood at 21.36 thousand kilograms. The forecast for 2024 is an import volume of 22.07 thousand kilograms, marking a 3.3% increase from the previous year. Continued increments are anticipated: 2025 at 3.3%, 2026 at 3.1%, 2027 at 3.0%, and 2028 at 2.8%. Over the five-year span from 2024 to 2028, the compound annual growth rate (CAGR) is expected to be 3.1%.
Future trends to watch:
- Fluctuations in global platinum prices may significantly impact the volume of imports.
- Technological advancements in recycling processes could alter the demand and volume of platinum-containing scrap imports.
- Economic conditions and policy changes in Italy and trade partner countries may influence trade patterns.
