Ask the Analyst: Europe’s Plastic Bottle Recycling Goals

  • Europe hopes to have a plastic bottle collection rate of 77% by 2025.
  • In this week’s Ask the Analyst, we discuss the feasibility of this target.
  • If you’d like us to answer one of your questions in an upcoming edition, please email will@czapp.com.

Is Europe on Track to Meet its Plastic Bottle Collection Targets by 2025?

There are plenty of positives coming from the recycling sector at the moment, in particular the acceleration of new investment in both recycling and collection systems across Europe.

However, the window to hit the EU Single-Use Plastic directive’s target of a 77% collection rate for plastic bottles by 2025 is certainly narrowing.

Europe has an average PET bottle collection rate of 64% at present. To achieve a 77% collection rate for PET beverage bottles by 2025, around 60% more material would need to be collected compared to volumes in 2019.

Deposit return schemes (DRSs) are a proven way to significantly boost collection rates within relatively short time periods but often face difficulties in getting started. DRS in Scotland and Turkey, both originally planned for 2022, have now been pushed back to 2023 in recent weeks.

Progress is being made, though. This month, Slovakia became the first country in Central Europe and only the eighth in the EU to introduce a bottle deposit system. More DRSs are planned for 2022 too, in Malta, Ireland, the Netherlands, Portugal, Latvia, Romania. Others in Greece and the UK should be rolled out in 2023.

However, time is looking increasingly short…

You can hear me talk more about the recycling sector in the latest episode of the Czapp Podcast.

Other Insights That May Be of Interest…

Plastics and Sustainability Trends in January 2022

Czapp Podcasts That May Be of Interest…

The Switch Towards RPET

European PET Surcharges Shock Market Amid Record Price Hikes

  • The first ever surcharges on European PET contracts have been introduced to counter high energy costs.
  • Resin spot prices are spiralling upwards on the back of low availability and production constraints.
  • Will the New Year allow an opportunity to reset the current chaotic market?

Gareth Lamb

1 year ago

4 min read

PET Raw Material Futures Outlook: Dragged Down by Crude’s Collapse

  • Chinese PTA and MEG closed lower for the week, dragged down by crude’s collapse. 
  • Whilst Chinese PET resin export prices have eased, the premium over feedstock futures has widened. 
  • PET raw material costs should remain rangebound in near term.   

Gareth Lamb

1 year ago

1 min read