The European Gross Fixed Capital Formation in waste management within the food, beverages, and tobacco sectors, led by Germany and Finland, showed disparate trends in 2023. Germany saw modest growth at 0.2%, while Finland surged at 8.45%, indicating robust investment. Conversely, Ireland, Spain, and Italy experienced declines, with Italy's drop notably steep at 36.9%. Austria and Slovenia remained static. Over five years, varying investments reveal strategic shifts toward sustainability and efficiency in key countries.
Future trends to monitor include the increasing emphasis on sustainability and the adaptation of technological innovations. These factors are expected to drive more significant investments, particularly in nations that saw minimal growth or declines, aligning with environmental regulations and consumer demand for environmentally friendly production processes.
Top countries in Gross Fixed Capital Formation and Acquisition Less Disposals of Non-Produced Non-Financial Assets in Waste Management in Manufacture of Food Products, Beverages and Tobacco Products by the Business Sector Share by Country (Million Euros)
| # | 9 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 27.47 | 2023 | 0% | +0.2% | View data |
| 2 | 2 Finland | 27.2 | 2023 | +6.45% | +8.45% | View data |
| 3 | 3 Ireland | 20.61 | 2023 | +1.35% | -2.01% | View data |
| 4 | 4 Spain | 10.99 | 2023 | 0% | -0.49% | View data |
| 5 | 5 Portugal | 2.47 | 2023 | 0% | +2.38% | View data |
| 6 | 6 Austria | 1.37 | 2023 | 0% | 0% | View data |
| 7 | 7 Italy | 0.55 | 2023 | -60% | -36.9% | View data |
| 8 | 8 Slovenia | 0.27 | 2023 | 0% | 0% | View data |
| 9 | 9 Lithuania | 0.27 | 2023 | 0% | -12.94% | View data |