The re-import of waste or scrap containing platinum to the UK is projected to increase from 2024 to 2028, with a consistent year-on-year growth of approximately 3.6%-3.7%. Compared to the actual volume of re-imports in 2023, which stood at 265.75 kilograms, the forecast indicates a steady rise, reaching 313.58 kilograms by 2028. This reflects an average CAGR of around 3.4% over the five-year period.
Future trends to watch for:
Monitor potential fluctuations in global platinum prices, government regulations on waste management, and advancements in recycling technologies. These factors could significantly influence the volume and value of re-imports and broader market dynamics.
