In 2023, the re-import of waste or scrap of tinned iron or steel to France stood at a lower base than the forecasted figures for 2024-2028. From 2024 to 2028, the volume is expected to increase progressively, showing a consistent annual growth trend. Specifically, year-on-year growth rates between forecasted years are: 3.55% from 2024 to 2025, 3.36% from 2025 to 2026, 3.18% from 2026 to 2027, and 3.02% from 2027 to 2028. The compound annual growth rate (CAGR) over the five-year forecast period implies a steady increase in the volume re-imported.
Trends to watch for:
- Potential regulatory impacts on the re-importing process due to EU environmental policies.
- Influence of global steel market fluctuations and demand.
- Technological advancements in recycling processes.