The analysis of municipal waste composted in Chile indicates a significant rise from 2014 to 2023, with actual values showing a notable increase to 2.72 Thousand Metric Tons in 2023. The year-on-year variation in 2023 was 3.85%, while the last five-year CAGR stood at 6.26%. Major fluctuations were observed in earlier years, with the most significant increase of 592.18% in 2015 and a sharp drop of -63.68% in 2017. The forecasted data from 2024 to 2028 suggest a steady growth rate, with an average annual CAGR of 2.53% and an overall growth rate of 13.3% over the five years.
Future trends to watch for include advancements in circular economy initiatives, government policies promoting waste management, technological innovations in waste processing, and increased public awareness and participation in composting practices. These factors can drive the continued growth and efficiency of composting programs in Chile, aiding environmental sustainability and resource management efforts.
