A. Vaccani & Partner AG (AVP), now part of Amane Advisors, has published the Market Share Analysis of Thermal Waste Treatment Plants annually for Europe since 2002 and “Rest of World” since 2012.
The 2023 edition covers worldwide awards, detailed trending information, and industry backlog and contains the latest 2022 figures, as well as a year-by-year analysis of awards from 2013 to 2022. All information is detailed by supplier, country and region.
Worldwide award volume for Energy from Waste (EfW) plants in 2022 shows a mixed picture in the various key markets with an overall decrease in awards compared to 2021.
- EMEA 2022 is high compared to the 10-year average but substantially below the last two peak years 2020 and 2021
Most projects were awarded in the UK, showing an all-time high, and Germany, with no awards outside the EU. In the coming years, UK EfW capacity build up is slowing down and awards will be more evenly distributed throughout EMEA with various awards in MENA.
- In China, awards in 2022 were dramatically lower as a consequence of the COVID 19 lockdown
Due to COVID, the 2022 award volumes plummeted by approx. 60% even considering late reporting procedures. As compensation, early indications for 2023 show a large number of projects already awarded in Q1 2023. The latest 14th 5-year plan shows changes in priorities with increased recycling and lower growth of EfW capacity. Therefore, EfW award volumes will slow down in the coming years.
- Japan decreased by over 60% and was way below the 10-year average
Driven by upgrading, revamping and replacements, overall investment activity is expected to pick up again going forward
- Continued development in other regions
With 7 plants awarded in 2022, Asia and Oceania (outside China and Japan) shows a 23% decline over 2021. Since 2013, EfW plants were awarded in 11 countries in this region, showing a growing acceptance of EfW. In the next years EfW will pick up again in North America and first awards in LAM can be expected.