The volume of electrical and electronic tools waste recycled and prepared for reuse in Austria has shown a consistent upward trend from 2013 through 2023, reaching 3.19 thousand metric tons in 2023. The year-on-year (YoY) variation over the last two years (2022-2023) was 3.71%, slightly lower than the previous years' trend. The compound annual growth rate (CAGR) over the last five years (2018-2023) stood at 3.9%, indicating steady growth.
Key Trends:
- 2013-2017: A notable increase, especially in 2017, with a 32.83% YoY jump, marking significant growth.
- 2018-2023: More moderate growth with annual increases around 3-4%, reflecting a stabilizing market.
Forecasting into the future, the CAGR for the next five years (2024-2028) is projected to be 2.45%, with an overall five-year growth rate forecasted at 12.89%. This indicates a continued but slightly slower growth rate in the recycling of electrical and electronic tools waste in Austria.
Future Trends to Watch For:
- Technological advancements in recycling processes.
- Government regulations and initiatives promoting recycling efficiency.
- Changes in consumer behavior towards sustainable practices.
- Market dynamics influenced by global environmental policies.
