Municipal waste recycled or composted in Chile showed substantial variation from 2014 to 2023. The recycling rate significantly increased between 2014 and 2017, reaching a peak before declining in 2018. Post-2018, the rate resumed a steady upward trend, culminating at 0.86 units treated in 2023. Year-on-year growth varied widely, with a high of 255.44% in 2017 and a decline of 65.67% in 2018. From 2019 onwards, the year-on-year growth stabilized, with a CAGR of 12.85% leading to 2023.
Future trends to watch for:
-Continued incremental growth, with forecasts predicting the rate of municipal waste treated to reach 1.03 units by 2028.
-The forecasted CAGR from 2023 to 2028 at 2.77%, indicating slower but consistent growth, accumulating to a 14.62% increase over five years.
-Potential impact of policy changes, technological advancements, and public awareness campaigns on the volume of waste recycled or composted.
