Forecast: Recovered Steel Packaging Waste in Germany

In 2023, the volume of recovered steel packaging waste in Germany stood at approximately 735 Thousand Metric Tons. The forecasted data from 2024 to 2028 shows a gradual decline from 732.61 to 722.08 Thousand Metric Tons. Each year sees a minor drop of around 0.35% to 0.38% annually. Looking across the five-year period, the compound annual growth rate (CAGR) presents a consistent decrease, indicating a slight but steady downtrend in recovered steel packaging waste volumes.

Future trends to watch include:

  • Technological advancements in recycling processes may impact recovery rates.
  • Changing regulations and policies could influence the steel recycling landscape.
  • Innovations in packaging materials may alter the demand for steel packaging recovery.

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