The forecast for recycled steel packaging waste in Germany from 2024 to 2028 indicates a consistent decline in volume, dropping from 732.61 thousand metric tons in 2024 to 722.08 thousand metric tons in 2028. Compared to the volume of 735 thousand metric tons in 2023, the initial decrease is approximately 0.33% in 2024. The year-on-year variation trends show slight decreases of approximately 0.36% in 2025, 0.36% in 2026, 0.36% in 2027, and 0.36% in 2028. Analyzing over the five-year period, the Compound Annual Growth Rate (CAGR) is projected to be approximately -0.37%.
Future trends to watch for include technological advancements in recycling processes that might alter the current trend, potential policy changes in Germany regarding packaging waste management, and fluctuations in the global steel market which could impact the demand and supply dynamics of recycled steel.
