The analysis of the sold production of ready-mixed concrete in Belgium from 2013 to 2023 shows a generally positive trend, with minor fluctuations. In 2013, the value was 595.89 million Euros, steadily increasing to 614.05 million Euros in 2016. A notable rise occurred in 2017 with a value of 657.79 million Euros, followed by fluctuations and a peak in 2023 at 732.44 million Euros. Year-on-year variations show some volatility, e.g., -3.91% in 2018 and 7.12% in 2017. The CAGR over the last five years stands at 2.99%, highlighting a consistent average annual growth rate.
- The value in 2023 stood at 732.44 million Euros.
- The latest year-on-year variation for 2023 was 1.75%.
- The CAGR over the last five years is 2.99%.
- Forecast data from 2024 indicates continued growth with a CAGR of 1.27% and a forecasted 5-year growth rate of 6.53% by 2028.
Future trends to watch include potential impacts from economic shifts, sustainability initiatives influencing construction materials, and technological advancements in concrete production, which might alter growth trajectories beyond current forecasts.
