The production in waste collection in Belgium has exhibited significant volatility over the past decade. The value stood at 86.4 million Euros in 2023, reflecting a year-on-year decrease of 5.88%. Historical data reveals considerable fluctuations, with notable peaks in 2014 and 2015 followed by sharp declines, particularly in 2019 and during the subsequent years. The 5-year compound annual growth rate (CAGR) as of 2023 has been negative at -11.35%, indicating a consistent downward trend.
Looking ahead, the forecast from 2024 to 2028 predicts a continued decline, with a 5-year CAGR of -5.82% and an overall reduction rate of -25.89%. By 2028, production is expected to dip to 60.1 million Euros. Future trends to watch include potential advancements in waste management technology, regulatory changes impacting production, and macroeconomic factors influencing sector stability.
