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Waste management: Cautious expectations for 2005

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  • Johann Wackerbauer

Abstract

The concentration trend progressed in the waste-management industry, which is characterised by small businesses, in 2002. The turnover share of the largest enterprise, whose size structure remained largely unchanged, expanded: Only 5.3% of the waste-management enterprises achieved an annual revenue of more than €10 million; but they accounted for 65.4% of annual turnover. On the other hand, 69.7% of the enterprises had annual turnover of less than €1 million; they accounted for only 6.6% of the industry's business. In mid-field - annual turnover between €1 million and €10 million - were 25.0% of the enterprises with a 28.0% share in sales. According to a survey of the federal association of the German waster-management industry, approximately 25% of the firms expect increasing and 40% declining sales for 2005. In total about half of the enterprises expect a further worsening of the overall situation for the first half of 2005 and also for the coming years. Industry confidence remains shaky in light of the difficulty of foreseeing changes in the framework conditions

Suggested Citation

  • Johann Wackerbauer, 2004. "Waste management: Cautious expectations for 2005," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 57(24), pages 54-56, December.
    • Handle: RePEc:ces:ifosdt:v:57:y:2004:i:24:p:54-56
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    JEL classification:

    • Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General

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