In 2023, the material recovered in municipal waste in Chile stood at 0.86 units. This represents an overall increase from previous years, despite noticeable fluctuations. The year-on-year growth rate for 2022-2023 was approximately 3.6%, while for 2021-2022, the growth was about 5.1%. Over the past five years, the compound annual growth rate (CAGR) has been around 2.8%.
The forecasted data indicates a steady increase in material recovery, reaching 1.03 units by 2028. This represents an overall 14.6% growth from 2023. The CAGR for the forecasted period (2024-2028) is projected to be around 2.77% each year.
Future trends to watch for include advancements in recycling technologies, changes in regulatory policies, and public initiatives to enhance waste segregation and recycling behavior. These factors could significantly impact the rate of material recovery in municipal waste.
