In 2023, the US exported 1.31 Thousand Metric Tons of unwrought zirconium waste and scrap. Forecast data from 2024 to 2028 indicates a declining trend, with a year-on-year decrease of approximately 2.34% on average. The Compound Annual Growth Rate (CAGR) over this five-year period is expected to be around -1.85%.
Future trends to watch for include:
- Potential technological advancements in zirconium recycling processes that may impact demand.
- The influence of international trade policies on supply and demand dynamics.
- Changes in end-user industries' requirements that could affect consumption patterns.