In 2023, Italy imported 10.325 million kilograms of waste or scrap of precious metals, except pure gold and platinum. The forecasted data shows a steady year-on-year increase in imports from 2024 to 2028, with annual growth rates ranging approximately between 3.29% and 2.72%. Over the last five years, the compound annual growth rate (CAGR) for this period is projected at 2.57%.
Future trends to watch for:
- Regulatory changes affecting import taxes or restrictions for waste or scrap materials.
- Technological advancements in recycling processes, potentially increasing demand.
- Fluctuations in global precious metals prices impacting the economic viability of imports.