Forecast: Import of Magnesium Waste or Scrap to China

The import of magnesium waste or scrap to China has shown a consistent downward trend from 2017 to 2021, decreasing from 203.7 to 61.54 thousand kilograms. This represents a yearly average decline of approximately 25% over the past five years. By 2023, the import levels remained nearly unchanged from 2021, suggesting stabilization.

Future trends to watch include potential policy changes in China's recycling industry, shifting global supply chain dynamics, and increasing domestic recycling capabilities. These factors could further influence the import levels of magnesium waste or scrap in the coming years.

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