The UK sewerage, waste management, remediation activities output has shown varied trends between 2013 and 2023. From 2013 to 2015, the sector exhibited strong growth, peaking in 2015 with a significant year-on-year increase of 11.62%. However, 2016 and 2017 experienced declines, with notable reductions of 8.86% and 2.24% respectively. Following these declines, the sector demonstrated modest recovery and stability, with minor fluctuations observed from 2018 to 2020. The most recent years show stabilization, with a slight decrease during 2020 (-4%) possibly due to pandemic impacts, followed by gradual recovery, culminating in a 0.96% increase in 2023. In 2023, the output stood at 40.06 Billion Euros.
Looking ahead, the forecast from 2024 to 2028 indicates a moderate but consistent growth rate, with a forecasted 5-year CAGR of 0.78% and a total 5-year growth rate of 3.94%. This steady upward trend suggests ongoing demand and potential sector resilience.
- 2013: -1.17% YoY, 0.75% CAGR
- 2014: 7.3% YoY, 3.8% CAGR
- 2015: 11.62% YoY, 4.68% CAGR
- 2016: -8.86% YoY, 2.56% CAGR
- 2017: -2.24% YoY, 1.07% CAGR
- 2018: 1.54% YoY, 1.62% CAGR
- 2019: 1.6% YoY, 0.52% CAGR
- 2020: -4% YoY, -2.47% CAGR
- 2021: 1.02% YoY, -0.44% CAGR
- 2022: 6.3% YoY, 1.24% CAGR
- 2023: 0.96% YoY, 1.12% CAGR
- 2028: Forecasted 5-year CAGR: 0.78%, Forecasted 5-year growth rate: 3.94%
Future trends to watch include the impact of environmental regulations, advancements in waste management technology, and potential economic fluctuations. Sustainability initiatives and circular economy practices are likely to play a crucial role in shaping sector dynamics.
