Today, there is an increase in waste paper trade, which is quite justified for a number of reasons. At the same time, analysts make very promising forecasts for the market where the sale and purchase of paper secondary raw materials is carried out. By 2028, the market volumes will grow and significantly exceed the figures of 2022. We have already informed you about this earlier. In fact, every year the volumes increase. There is evidence for this in the form of statistics. Therefore, such forecasts of analysts are quite real. For example, we can cite data on the export of waste paper from the countries of the European Union. From 2004 to 2021, export volumes increased by almost 80 percent. Imports also increased. The growth of its volumes increased by 11 percent.
A lot of countries are interested in paper secondary raw materials. Thus, Turkey is considered the largest buyer of such goods. Exports to this country have tripled compared to 2004 and 2021. In recent years, Pakistan has been actively purchasing waste paper from the countries of the European Union. But deals with China, on the contrary, declined. Egypt, India, Switzerland, England and other countries are actively buying waste paper for further processing from companies in the states that are members of the European Union.
If we talk about the global market in general, and not just about Europe, the situation continues to develop in the direction of growth. The market for waste paper, its demand is growing. More and more companies are trying to get rid of paper waste the right way – send it for recycling, which is made possible by selling waste paper. This is facilitated not only by the demand for this product. A trend is developing in the world that is aimed at taking measures to protect the environment. Humanity understands that by recycling it is possible to reduce the damage to nature. As a result, the market for recycled paper is growing.
