The market is dominated by domestic suppliers, as imports account for 4.9% of total market size in 2022. B2B drives market demand, with B2B spending representing 93.8% of total demand in 2022. The UK has the third largest market size for recycling of metal waste regionally, with demand reaching USD4.5 billion in 2022. European Metal Recycling Ltd is the largest company in the UK, generating 52.7% of the industry’s total production value in 2022. The industry is concentrated, with the top five companies generating 83.0% of total production value in 2022. The total number of companies increases in 2022, to 771 units. The costs of the industry decrease by 8.8% in 2022, largely driven by declining B2B costs. The industry’s profitability increases and stands at 20.9% of production value in 2022, the third highest regionally. The industry’s exports share increases in 2022 to 20.8% of total production output. With production value of USD5.1 billion, the UK accounts for 10.9% of the Western Europe total in 2022.
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This Euromonitor industrial report provides unique information on Recycling of Metal Waste in the United Kingdom: ISIC 371. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Recycling of Metal Waste in the United Kingdom: ISIC 371 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Utilities and Recycling is an aggregation of Recycling; Collection and Distribution of Water; Manufacture and Distribution of Gas; Electricity; Sewage and Sanitation; Steam and Hot Water Supply
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