The consumption of primary solid biofuels in the machinery sector in Belgium remained stable between 2013 and 2018 with a value of 13.89 GWh. This trend shifted in 2019 with a substantial increase of 76% year-on-year, bringing the consumption to 24.44 GWh. The upward trend continued, peaking in 2023 at 35.01 GWh, marking a noteworthy overall growth. The year-on-year increase was 2.76% from 2022 to 2023, and the CAGR over the last five years was 20.31%.

Future trends to watch for:

Projected slower growth with a five-year CAGR forecast of 1.98%.
Expected final consumption to reach 39.65 GWh by 2028, showing a gradual increase of 10.29% over the next five years.
Potential impact of policy changes and technological advancements in the biofuel sector.