Industry Facts
Industry Facts-- Place in the Industry Facts
Recycling is much more than a household practice — it's a vital part of the global economy. In 2022, recycling sector processed over 115 million metric tons of materials, including metals, paper, plastics, textiles, rubber, electronics, and glass. These were refined into high-grade, specification-compliant commodities used across numerous industries.
Valued at more than $6.4 billion, these recycled resources were shipped to manufacturers in over 150 countries, contributing significantly to industrial supply chains. The export of these materials generated an estimated $9.8 billion in revenue, reinforcing trade position and showcasing the economic power of sustainable material recovery.
The scrap recycling industry in South America is a highly advanced, capital-intensive sector employing
over 42,000 skilled workers across the region. As the first step in the industrial supply chain,
recycling has been a vital force in supporting economy, sustainable trade, and resource conservation for more than
150 years.
Its ongoing contributions continue to drive both environmental protection and economic resilience throughout the continent.
