In 2023, Chile generated 8.66 million metric tons of municipal waste. Over the past two years (2021-2023), the year-on-year variation has been steady, with an increase of 1.27% in 2022 and 1.23% in 2023. Looking further back, from 2019 to 2023, the compound annual growth rate (CAGR) has been relatively modest at 1.15%. This marks a trend of slow but consistent growth in waste generation over the last five years.
Looking ahead, forecasts suggest a continuation of this trend, with municipal waste expected to reach 9.16 million metric tons by 2028. The projected five-year CAGR from 2023 to 2028 is 0.88%, indicating a gradual increase in waste generation. This forecasted growth rate over five years is approximately 4.48%.
Future trends to watch for include:
- Increased urbanization resulting in higher waste generation.
- Policy changes aimed at waste reduction and recycling.
- Technological advancements in waste management.