The Waste and Scrap of Paper and Paperboard Market in Belgium was valued at $132.29 million in 2023. The market has seen a consistent decline over the last decade, highlighted by shrinkage in its annual values. Over the recent years, 2023 experienced a year-on-year decrease of 5.53%, following another drop of 5.34% in 2022. The compound annual growth rate (CAGR) over the last 5 years stands at -6.38%, reflecting a downward trend.

Future trends to watch:

Increasing environmental regulations, pushing for higher recycling rates might act as a stabilizing force.
Technological advancements in recycling processes could potentially improve market conditions.
Shifts in global paper demand and supply chains, affecting Belgium's market dynamics.