The output of sewerage and waste management in Belgium has shown variability between 2013 and 2023, with the value standing at 8.75 billion euros in 2023. Year-on-year variations have fluctuated, with a notable decrease of 10.9% in 2015 followed by a recovery period. The compound annual growth rate (CAGR) over the past five years up to 2023 was -0.11%, indicating a slight decrease. Forecast data suggests a relatively steady growth for the next five years with a CAGR of 0.35%, resulting in an overall growth rate of 1.77% by 2028.
Future trends to watch for include:
- Technological advancements in waste processing and recycling.
- Policies and regulations promoting sustainable waste management practices.
- Increased public awareness and participation in waste reduction initiatives.
- Potential economic fluctuations affecting the sector's growth and investment.
