The analysis of municipal waste recycled or composted in Australia shows a fluctuation in performance from 2013 to 2017, with a peak in 2015 followed by a downward trend until 2017. From 2018 to 2022, a slight increase is observed but stabilizing and reflecting a marginal decrease between 2020 to 2023 at 44.27 units of treated waste in 2023. The year-on-year variations in the past two years showcase a consistent yet minor decline. The Compound Annual Growth Rate (CAGR) over the last five years stands at zero, indicating stagnation in performance.
Future trends to watch for include:
- The forecast for the five-year period up to 2028 suggests a minor decrease, reflected by a CAGR of -0.05% and an overall forecasted five-year growth rate of -0.27%.
- Continuous monitoring of policy changes and advancements in recycling technologies will be crucial as they may impact future recycling and composting rates.
