Forecast: Wine Export Volume in Belgium

The wine export volume in Belgium shows a fluctuating but generally upward trend since 2014. Starting at 25.0 thousand metric tons in 2014, it saw gradual increases and occasional dips. Notable spikes occurred in 2017 and 2018, with year-on-year growth rates of 29.63% and 28.57%, respectively. In contrast, the years 2019 and 2020 experienced declines. However, the volume rebounded in 2021 and continued to grow through 2023, finishing at 49.0 thousand metric tons.

From 2024 onwards, forecasted data predicts a steady ascent. By 2028, the volume is expected to reach 56.57 thousand metric tons, indicating a forecasted 5-year CAGR of 2.28% and a total growth rate of 11.94% over the same period.

Future trends to watch include shifts in global demand, emerging market dynamics, and potential impacts from climate change and trade policies, which could influence Belgium's wine export volumes and growth trajectories significantly.

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