Forecast: Import of Waste or Scrap of Stainless Steel to Germany

In 2023, Germany imported approximately 273 million kilograms of waste or scrap stainless steel. Forecast data suggests a decreasing trend from 2024 to 2028, starting at 271.44 million kilograms and dropping to 262.8 million kilograms. This represents a year-on-year decline ranging from approximately 0.82% to 0.88%. The Compound Annual Growth Rate (CAGR) over this period is roughly -0.78%, indicating a consistent but modest decrease in imports.

Future trends to watch include:

  • Global metal recycling policies and their impact on demand for imported scrap materials.
  • Technological advancements improving local recycling efficiencies in Germany.
  • Fluctuations in global stainless steel production affecting raw material needs.

Top Countries about Stainless Steel