The small household appliances waste recycled and prepared for reuse in Spain has shown a consistent upward trend starting from 2013. In 2023, the recycled waste stood at 29.1 Thousand Metric Tons, reflecting stable growth. The year-on-year growth has varied, with higher rates in the early years (e.g., over 40% in 2013 and 2016) and moderating to single digits in recent years. Specific to the last two years, 2022 and 2023 witnessed percentage increases of 5.07% and 4.73%, respectively. The compound annual growth rate (CAGR) over the past five years was 5.92%.
Looking ahead, forecasts for the period of 2024 to 2028 predict a continued upward trend with a forecasted 5-year CAGR of 3.04%, suggesting more moderate growth compared to historical data but still indicating a steady increase, cumulating in a projected value of 35.29 Thousand Metric Tons in 2028.
Future trends to watch include technological advancements in recycling processes, policy influences driving circular economy practices, and increasing consumer awareness on environmental impacts, all of which could potentially accelerate growth in the recycling rates of small household appliances in Spain.
