The import of waste or scrap containing platinum as the sole precious metal to Japan is forecasted to grow steadily from 2024 to 2028, starting from 655.78 million USD in 2024 and reaching 706 million USD by 2028. This reflects a consistent year-on-year increase: 1.97% in 2025, 1.89% in 2026, 1.82% in 2027, and 1.76% in 2028. The compound annual growth rate (CAGR) over this period is approximately 1.86%, suggesting a stable yet modest upward trend. The last recorded actual value for 2023 was not provided.
Future trends to watch for:
- Global economic conditions affecting the demand for metal recycling and recovery.
- Changes in Japan's environmental policies or technological advancements in recycling.
- Market dynamics of the platinum supply chain, including price fluctuations and geopolitical impacts.
