The forecast for the import of rubber waste, parings, and scrap (except hard rubber) to Germany indicates a steady and moderate growth between 2024 and 2028. The value of imports is expected to rise from 28.749 million USD in 2024 to 29.909 million USD in 2028. This reflects a consistent upward trend, with year-on-year increases around 1% during this period, demonstrating a stable demand for rubber recycling materials in Germany. Considering the base value in 2023, the compound annual growth rate (CAGR) over these five years will help provide a view of the sustained, albeit modest, expansion in this market.
Future trends to watch for include:
- The impact of regulatory changes on the recycling industry, which could drive fluctuations in import demands.
- Technological advancements that improve rubber recycling efficiencies, potentially increasing the market's appetite for materials.
- The influence of global economic factors, such as trade relations and raw material prices, on import patterns.