Industry Analysis & Industry Trends
Firms in the Waste and Scrap Wholesaling industry wholesale or resell metal and non-metal waste and scrap. These products are exported or sold to downstream customers, often manufacturers, or to recyclers and processors. Scrap metal is the most common product sold by the industry, while plastic and glass are also major product segments.
The industry has been subject to a high level of volatility over the past five years, owing to price and demand fluctuations in key global metal markets. Global metal prices have slumped in response to oversupply and weaker Chinese demand. Scrap material availability has decreased as a result, due to upstream suppliers of scrap and waste limiting output in hope of future price increases... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Waste and Scrap Wholesaling industry is expected to be in the mature stage of its life cycle. Industry value added, a measure of the industry's contribution to the UK economy, is expected to grow at a compound annual rate of 1.1% over the decade through 2021-22. Over the same period the UK economy has grown at a compound annual rate of 2.3%. This shows that the industry's economic contribution is expected to fall over the 10-year period. However, the volatile conditions early in the period are the key reason for this. Forecast growth in the next five years indicates a mature industry.
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