Forecast: Production in Waste Collection Sector in Malta

In the waste collection sector of Malta, actual data shows a steady increase in production from 2016 to 2023, reaching 33.3 million euros in 2023. From 2024 onwards, forecasted data predicts continued growth, with production expected to reach 39.2 million euros by 2028. Notably, year-on-year variation was significant, particularly in 2021 with a 6.92% increase and 2022 following with 3.88%. The last five-year CAGR up to 2023 stands at 3.83%, while a forecasted five-year CAGR up to 2028 is anticipated at 2.59%, indicating a moderate growth trajectory.

Future trends to watch for include:

  • Advancements in waste management technologies contributing to increased efficiency.
  • Government policies aimed at sustainable waste management potentially driving sector growth.
  • Expansion of recycling programs and waste-to-energy initiatives.

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