The Collection of Hazardous Waste sector in Spain has shown fluctuating production values over the past decade. Starting at 127.5 million euros in 2013, the sector witnessed a significant decline in 2014, followed by notable recovery periods, with another dip in 2018. From 2019 onwards, the growth has stabilized, culminating in a production value of 148.9 million euros in 2023. This steady growth is highlighted through variations in percentage year-on-year, with the last two years showing moderate increases of around 2%. The average annual growth over the last five years (CAGR) stands at 3.35%.
Looking ahead, the forecasted data suggests a consistent upward trajectory, anticipating production to reach 163.7 million euros by 2028. The forecasted 5-year CAGR is 1.51%, indicative of modest but steady growth.
Future trends to watch for:
- Adoption of advanced waste management technologies
- Regulatory changes affecting hazardous waste collection standards
- Increasing industrial activities and their impact on hazardous waste production
