The data indicates a decrease in municipal waste recovery in Australia from 2013 to 2023, with a notable drop between 2016 and 2017. In 2023, the value stood at 49.86 Units. The discrepancy between actual waste recovery and forecasted data suggests a stabilization of waste recovery levels around 49.85 Units through to 2028. Year-on-year variations over the last two years were marginal, while the last five years exhibited a CAGR of -0.01%. Overall, the trend shows a gradual decline with an average annual decrease of -0.01% forecasted over the next five years.
Future trends to watch for include advancements in recycling technologies, changes in waste management policies, and national initiatives aimed at reducing waste production, which could potentially reverse the declining trend in municipal waste recovery.
