From 2014 to 2023, the amount of municipal waste designated for recovery operations in Chile grew significantly, registering a 4.74% year-on-year increase in 2023, and standing at 117.65 thousand metric tons. The Compound Annual Growth Rate (CAGR) over the last five years was 12.33%, indicating a robust upward trend despite fluctuations.
The initial period from 2015 to 2017 experienced unprecedented growth, notably with a 301.12% surge in 2016. However, 2018 saw a sharp decline of 57.79%, followed by a recovery phase. From 2019 onwards, the sector stabilized with moderate annual growth rates ranging from 5.08% to 5.91%.
Looking forward, between 2024 and 2028, the forecast suggests a continued upward trajectory, albeit at a slower pace with a forecasted 5-year CAGR of 3.04%, translating to a 16.15% growth by 2028.
Future trends to watch include technological advancements in waste recovery processes, policy changes impacting waste management practices, and potential shifts in public and corporate attitudes towards sustainability.
