Iron and steel waste imports within EU27 for Germany in 2023 were valued at 1.218 billion Euros. Forecasted data indicates growth in import value from 1.2426 billion Euros in 2024 to 1.3376 billion Euros by 2028, demonstrating a consistent upward trend.
The year-on-year growth rates are as follows:
- From 2024 to 2025: 1.94%
- From 2025 to 2026: 1.89%
- From 2026 to 2027: 1.82%
- From 2027 to 2028: 1.78%
The compound annual growth rate (CAGR) from 2023 to 2028 is approximately 1.88%.
Future trends to watch include shifts in EU27 policies on recycling and waste management, technological advancements in recycling processes, and potential economic impacts from broader European economic conditions on the iron and steel industry.
