The import of polystyrene waste or scrap to the US shows a declining trend from 2024 to 2028, with forecasted values decreasing from 8.3829 million kilograms in 2024 to 8.3148 million kilograms in 2028. In comparison to 2023, the forecast indicates a sustained downturn over these years. The year-on-year variation from 2024 to 2028 reveals consistent reductions. When considering the compound annual growth rate (CAGR) over this period, it reflects a modest, yet steady decline.
Future trends to watch for include:
- Government policies and international regulations on plastic waste which may impact import activities.
- Technological innovations in recycling processes that could affect the demand and supply of polystyrene scrap.
- Shifts in consumer preferences and industry practices towards sustainable and recyclable materials potentially influencing import levels.