Key Market Indicators
Belgium is projected to see its fuel imports rise to approximately 133,000 cubic meters by 2028, up from around 122,000 cubic meters in 2023. This marks an average annual growth rate of 1.4%. However, it's important to note that since 2005, the country's demand for fuel has decreased by about 4.7% each year. On the export front, Belgium's fuel exports are expected to climb to nearly 112,000 cubic meters by 2028, a significant increase from roughly 80,000 cubic meters in 2023. This represents an average annual growth rate of 5.2%. In contrast to demand, Belgian fuel supply has shown strong growth, increasing by 20.1% annually since 2005.
