The analysis of municipal waste recycled or composted in South Korea reveals a mixed trend over the past decade. From 2013 to 2023, there were variations in the percentage of waste recycled, with notable increases in years such as 2017 (2.65%). However, some years showed a decline, like 2019 (-3.69%). By the end of 2023, the value stood at 60.53 units of treated waste. The average annual growth rate (CAGR) over the last five years was relatively modest, hovering around 0.04%, indicating a slow but steady increase.
Looking ahead, the forecasted data for 2024 to 2028 suggest a slight but continuous upward trend in municipal waste recycling and composting. The sector is expected to see an average growth rate of approximately 0.21% over these years. Future trends to watch for include technological advancements in waste processing, policy changes aimed at increasing recycling rates, and increased public awareness and participation in waste management practices.
