The turnover for Waste Collection, Treatment and Disposal Activities, Materials Recovery in Malta has shown a consistent upward trend from 2013 to 2023, reaching 61.2 million Euros in 2023. However, fluctuations have been observed, such as a notable decline in 2020 due to external factors, followed by a recovery in subsequent years. From 2021 to 2023, the annual growth rate averaged around 3%, indicating moderate growth.
Future forecasts suggest a continued steady increase in turnover, with projected values reaching 71.2 million Euros by 2028. The Compounded Annual Growth Rate (CAGR) over the next five years is expected to be approximately 2.41%, signaling a stable, but slowing, growth trajectory.
Key future trends to watch for include:
• Technological advancements in waste treatment and recycling processes.
• Regulatory changes aimed at improving environmental sustainability.
• Increased public and private sector investments in waste management infrastructure.
