The import of waste and scrap of cast iron to Germany is expected to experience a consistent decline from 2024 to 2028. Starting at 112.68 million kilograms in 2024, the volumes are forecasted to decrease to 62.451 million kilograms by 2028. The year-on-year variation indicates a steady annual reduction in imports, reflecting a downward trend with significant implications for related industries. The Compound Annual Growth Rate (CAGR) over this period is negative, highlighting the shrinking demand or supply constraints in this sector.
Future trends to watch for include potential shifts in global market dynamics affecting scrap iron sourcing, advancements in recycling technologies that might alter domestic supply-demand balance, and changing environmental policies impacting import practices.
