The production in the Waste Treatment and Disposal Sector in Belgium has shown significant fluctuations from 2013 to 2023. The highest value recorded was in 2013 at €2.18 billion, followed by a downward trend until 2016 with minor rebounds in subsequent years. Between 2022 and 2023, the production value slightly decreased from €1.38 billion to €1.36 billion, a change of -1.89%. The Compound Annual Growth Rate (CAGR) over the last 5 years sits around 1.68%, reflecting a limited average annual growth.
Looking forward, the forecast indicates a continued decline from €1.33 billion in 2024 to €1.23 billion by 2028, with a 5-year CAGR of -1.57% and an overall projected drop of about -7.61% over the same period. This suggests a consistent decrease in sector performance.
Future trends to watch for include:
- Technological advancements in waste management increasing efficiency and reducing costs.
- Regulatory changes impacting waste treatment standards and practices.
- Shifts towards sustainability influencing industry practices and investments.