In 2023, Thailand led the global import market of waste and scrap of cast iron, showing a minor year-on-year growth, while Malaysia and the Netherlands followed with slight declines. The US and Spain also marked reductions, whereas Nigeria, Poland, and Slovakia displayed notable increases amid widespread declines. Germany and Belgium experienced significant downturns, whereas Portugal and Slovakia expanded. Several smaller markets like El Salvador and Zambia stood out with exceptional growth figures, reflecting potential emerging markets.
Looking forward, monitoring regulatory developments around sustainable practices and environmental regulations, particularly in larger markets such as Germany and the United States, will be essential. Increased investments in recycling technologies and the growing demand for sustainable raw materials could drive shifts in import patterns. Additionally, economic conditions and trade policies might alter the landscape for these commodities.
Top countries in Import of Waste and Scrap of Cast Iron by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Thailand | 159,160,000 | 2023 | +2.61% | +1.04% | View data |
| 2 | 2 Malaysia | 100,070,000 | 2023 | +1.17% | -4.77% | View data |
| 3 | 3 Netherlands | 94,417,000 | 2023 | -0.88% | -1.24% | View data |
| 4 | 4 United States | 43,673,000 | 2023 | -0.56% | -3.09% | View data |
| 5 | 5 Spain | 37,073,000 | 2023 | -2.64% | -2.9% | View data |
| 6 | 6 Mexico | 29,772,000 | 2023 | +1.5% | -0.86% | View data |
| 7 | 7 Germany | 29,645,000 | 2023 | -10.39% | -10.95% | View data |
| 8 | 8 India | 28,117,000 | 2023 | -1.48% | -3.4% | View data |
| 9 | 9 Austria | 24,138,000 | 2023 | +4.32% | +1.78% | View data |
| 10 | 10 Belgium | 22,657,000 | 2023 | -7.75% | -7.85% | View data |
