Slovenia’s import of aluminium scrap during 2018-20 exemplifies rapid growth followed by a marginal drop; 8% upswing predicted for 2021

The second most recycled metal after the steel is aluminium, and about one-third of all aluminium is extracted from scrap products. Recycling of aluminium diminishes the need for raw materials and also restricts the usage of valuable energy resources. The primary benefits of aluminium recycling are that it uses 95% less energy than producing aluminium from raw materials. However, it also saves 97% of GHG emissions emitted in the primary production process. Recycling 1 tonne of aluminium saves around 9 tonnes of CO2 emissions and approx. 4 tonnes of bauxite. Recycled aluminium is used in the manufacturing of aircraft, automobiles, bicycles, boats, computers, cookware, gutters, siding, wire, cans, etc.

Slovenia is an independent, advanced, and stable nation and has had an open market economy since its transition in the 2000s. The Central European nation imported 250,464 tonnes of aluminium scrap during 2018-20 and the expenditure accounted for the import was $312.22 million.

In 2018, Slovenia imported 44,021 tonnes of aluminium scrap and the expenditure occurred for the import remained at $63.52 million, whereas, in 2019, the import exemplifies rapid surge by 137.71%, as the import volume rose to 104,645 tonnes and the expenditure propelled to $132.40 million.

Slovenia’s import of aluminium scrap in 2020 has been registered with a marginal downfall of 2.72%, as the import volume plunged to 101,798 tonnes and the expenditure also dipped to $116.30 million.

The import for 2021 is analysed with growth by 8.05%, as the import volume is expected to up-rise at 109,997 tonnes and the expenditure predicted to jump at $131.52 million.

Slovenia’s major trading destinations for the importation of aluminium scrap are Austria, Belgium, Bosnia Herzegovina, Bulgaria, Croatia, Czech Rep., Estonia, France, Germany, Greece, etc.