Based on the forecasted data, the recovered glass packaging waste in Finland is expected to grow from 82.39 thousand metric tons in 2024 to 89.08 thousand metric tons in 2028.
Year-on-Year Variation
- 2024 to 2025: ((84.09 - 82.39) / 82.39) * 100 = 2.06%
- 2025 to 2026: ((85.77 - 84.09) / 84.09) * 100 = 2.00%
- 2026 to 2027: ((87.43 - 85.77) / 85.77) * 100 = 1.94%
- 2027 to 2028: ((89.08 - 87.43) / 87.43) * 100 = 1.89%
Compound Annual Growth Rate (CAGR)
The CAGR over the period from 2024 to 2028 is calculated as follows:
CAGR = [(89.08 / 82.39) ^ (1 / 4) - 1] * 100 = 1.96%
Future Trends
Given the consistent year-on-year growth, the trend indicates a steady increase in the recovery of glass packaging waste in Finland. Key factors to watch for include advancements in recycling technology, legislative changes, and shifts in consumer behavior towards sustainability that could accelerate this trend.
