Forecast: Waste Generated by Food, Beverage and Tobacco Manufacturing in Finland

The waste generated by the food, beverage, and tobacco manufacturing sector in Finland has shown a consistent downward trend over the past decade. In 2023, this value stood at 677.6 thousand metric tons, continuing a pattern of gradual decline from 772.85 thousand metric tons in 2014. Year-on-year, there has been an average decrease of approximately 0.91% over the last two years, with a five-year compound annual growth rate (CAGR) of around -0.93%. This steady reduction in waste reflects improved manufacturing efficiency and better waste management practices.

The forecasted data indicates that this downward trend will continue, with waste generation expected to decrease to 645.05 thousand metric tons by 2028, representing a projected five-year CAGR of -0.78%. This ongoing reduction trend is indicative of continued advancements in waste minimization and sustainability efforts within the industry.

Future trends to watch for include the increasing implementation of circular economy practices, advancements in waste recycling technologies, and stricter regulations on waste management that could further accelerate the reduction of waste generation in this sector.

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