Russia Metal Recycling Market Size & Outlook, 2023-2030

The metal recycling market in Russia is expected to reach a projected revenue of US$ 13,408.9 million by 2030. A compound annual growth rate of 2.3% is expected of Russia metal recycling market from 2024 to 2030.
Revenue, 2023 (US$M)
$11,419.8
Forecast, 2030 (US$M)
$13,408.9
CAGR, 2024 - 2030
2.3%
Report Coverage
Russia

Russia metal recycling market highlights

  • The Russia metal recycling market generated a revenue of USD 11,419.8 million in 2023 and is expected to reach USD 13,408.9 million by 2030.
  • The Russia market is expected to grow at a CAGR of 2.3% from 2024 to 2030.
  • In terms of segment, aluminum was the largest revenue generating metal in 2023.
  • Steel is the most lucrative metal segment registering the fastest growth during the forecast period.


Metal recycling market data book summary

Market revenue in 2023USD 11,419.8 million
Market revenue in 2030USD 13,408.9 million
Growth rate2.3% (CAGR from 2023 to 2030)
Largest segmentAluminum
Fastest growing segmentSteel
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSteel, Copper, Aluminum, Other Metals
Key market players worldwideEuropean Metal Recycling, Commercial Metals Co, GFG Alliance, Norsk Hydro ASA, Schnitzer Steel Industries, Novelis, Tata Steel Ltd GDR - 144A


Other key industry trends

  • In terms of revenue, Russia accounted for 1.3% of the global metal recycling market in 2023.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2030.
  • In Europe, Germany metal recycling market is projected to lead the regional market in terms of revenue in 2030.
  • Germany is the fastest growing regional market in Europe and is projected to reach USD 96,099.3 million by 2030.

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Metal Recycling Market Companies

Name Profile # Employees HQ Website

Russia metal recycling market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to metal recycling market will help companies and investors design strategic landscapes.


Aluminum was the largest segment with a revenue share of 49.42% in 2023. Horizon Databook has segmented the Russia metal recycling market based on steel, copper, aluminum, other metals covering the revenue growth of each sub-segment from 2018 to 2030.


The country has several government initiatives for recycling, such as the Extended Producer Responsibility (EPR) that was introduced in 2015 and will be fully implemented in 2027. This indicates that metal producers or packaging companies would be required to pay 100% of the environmental levies set forth by the government, and in any instance, only a maximum of 30% would be paid by recyclers.

Russia has improved the investment attractiveness for metal recyclers by introducing a licensing system for handling ferrous and non-ferrous metal scrap. Various other policies are also under discussion, such as the introduction of a categorization system for each layer of stakeholders in the metal recycling market.

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Target buyers of Russia metal recycling market databook

  • Our clientele includes a mix of metal recycling market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Russia metal recycling market , including forecasts for subscribers. This country databook contains high-level insights into Russia metal recycling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Russia metal recycling market size, by metal, 2018-2030 (US$M)

Russia Metal Recycling Market Outlook Share, 2023 & 2030 (US$M)

Russia metal recycling market size, by metal, 2018-2030 (US$M)

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