The waste collection production value in Belgium has experienced significant fluctuations from 2013 to 2023. The values ranged from a notable low of 723.5 million Euros in 2014 to a peak of 1230.0 million Euros in 2016. By 2023, the waste collection production value stood at 927.6 million Euros, demonstrating a modest yet steady increase since 2018. The year-on-year variations show considerable volatility, with significant jumps in years such as 2015 (56.35%) and declines like in 2018 (-29.89%). Over the last five years, the compound annual growth rate (CAGR) stands at a positive 2.59%.
Future trends indicate a cautious optimism for the industry, with forecasted values showing a steady rise from 2024 onwards, reaching 986.8 million Euros by 2028. The forecasted CAGR over the next five years is 0.98%, suggesting a stable growth trajectory. Key factors to watch for include regulatory changes, technological advancements in waste management, and shifts in public and corporate environmental responsibility.
