The treatment and disposal of hazardous waste sector in Finland experienced substantial fluctuations between 2013 and 2023. Starting with steady growth in early years, the sector saw its peak in 2017. However, the subsequent years showed a significant decline, particularly noticeable between 2018 and 2020, with the year-on-year variation dipping dramatically to -35.09% in 2019.
In 2023, the sector stood at 101.3 million Euros, pointing to a continued decline. The last five years indicated a negative CAGR of -7.97%, reflecting a consistent downtrend expected to persist.
Moving forward, forecasts suggest the sector will continue its downward trajectory, with a projected CAGR of -4.36% over the next five years, culminating in a decrease of 19.98% by 2028. Therefore, stakeholders should remain vigilant about regulatory changes, advances in waste management technologies, and shifting market dynamics that could influence future sector performance.
