Product Code: ETC5372568 | Publication Date: Nov 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Ethiopia Scrap Metal Recycling market currently, in 2023, has witnessed an HHI of 10000, Which has decreased substantially as compared to the HHI of 10000 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The scrap metal recycling market in Ethiopia is gaining importance as the government and private sector focus on sustainable resource utilization and waste management. With the rapid pace of urbanization and industrialization, the amount of scrap metal generated is increasing, creating opportunities for recycling businesses. This market not only supports environmental conservation but also contributes to the local economy by reducing reliance on imported raw materials. Government initiatives aimed at improving recycling infrastructure and promoting a circular economy are expected to drive further growth in Ethiopias scrap metal recycling sector.
The scrap metal recycling market in Ethiopia is largely driven by the rapid urbanization and industrial development that leads to increased generation of scrap metal. As industries such as construction, manufacturing, and automotive production expand, the volume of recyclable metals also rises. Moreover, the governments push for sustainable waste management and recycling practices is further fostering the growth of the recycling industry. Additionally, the demand for recycled metals in various sectors, such as construction and manufacturing, creates a strong market for scrap metal collection and recycling.
The scrap metal recycling market in Ethiopia faces several obstacles, including limited infrastructure for collection, sorting, and processing of scrap materials. The lack of organized recycling systems leads to inefficiencies, and much of the scrap metal is disposed of improperly or sold in informal markets. Additionally, the market suffers from a lack of awareness regarding the environmental and economic benefits of recycling. The industry is also hindered by insufficient regulatory frameworks and enforcement, which could otherwise encourage more sustainable practices and investment in recycling technologies.
The Ethiopian government has introduced a series of environmental policies designed to encourage recycling and waste management, which directly influence the scrap metal recycling market. These policies include regulations that promote the collection and processing of scrap metal in an environmentally responsible manner. The government offers tax incentives for companies involved in recycling, and has implemented laws to reduce the illegal export of scrap metals, thus encouraging local processing. Programs aimed at raising public awareness about recycling also contribute to the growth of the sector.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Ethiopia Scrap Metal Recycling Market Overview |
3.1 Ethiopia Country Macro Economic Indicators |
3.2 Ethiopia Scrap Metal Recycling Market Revenues & Volume, 2021 & 2031F |
3.3 Ethiopia Scrap Metal Recycling Market - Industry Life Cycle |
3.4 Ethiopia Scrap Metal Recycling Market - Porter's Five Forces |
3.5 Ethiopia Scrap Metal Recycling Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Ethiopia Scrap Metal Recycling Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Ethiopia Scrap Metal Recycling Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Ethiopia Scrap Metal Recycling Market Trends |
6 Ethiopia Scrap Metal Recycling Market Segmentations |
6.1 Ethiopia Scrap Metal Recycling Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Ethiopia Scrap Metal Recycling Market Revenues & Volume, By Iron, 2021-2031F |
6.1.3 Ethiopia Scrap Metal Recycling Market Revenues & Volume, By Copper, 2021-2031F |
6.1.4 Ethiopia Scrap Metal Recycling Market Revenues & Volume, By Aluminum, 2021-2031F |
6.1.5 Ethiopia Scrap Metal Recycling Market Revenues & Volume, By Lead, 2021-2031F |
6.2 Ethiopia Scrap Metal Recycling Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Ethiopia Scrap Metal Recycling Market Revenues & Volume, By Residential & Commercial, 2021-2031F |
6.2.3 Ethiopia Scrap Metal Recycling Market Revenues & Volume, By Industrial, 2021-2031F |
7 Ethiopia Scrap Metal Recycling Market Import-Export Trade Statistics |
7.1 Ethiopia Scrap Metal Recycling Market Export to Major Countries |
7.2 Ethiopia Scrap Metal Recycling Market Imports from Major Countries |
8 Ethiopia Scrap Metal Recycling Market Key Performance Indicators |
9 Ethiopia Scrap Metal Recycling Market - Opportunity Assessment |
9.1 Ethiopia Scrap Metal Recycling Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Ethiopia Scrap Metal Recycling Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Ethiopia Scrap Metal Recycling Market - Competitive Landscape |
10.1 Ethiopia Scrap Metal Recycling Market Revenue Share, By Companies, 2024 |
10.2 Ethiopia Scrap Metal Recycling Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |