Based on the forecast data, Belgium's non-ferrous metal exports are expected to slightly decline from 2024 to 2028. Specifically:
- 2024: 1.89 million metric tons
- 2025: 1.88 million metric tons (-0.53%)
- 2026: 1.88 million metric tons (0.00%)
- 2027: 1.88 million metric tons (0.00%)
- 2028: 1.87 million metric tons (-0.53%)
Over the five-year period (2024-2028), the Compound Annual Growth Rate (CAGR) is approximately -0.27% indicating a slight downward trend.
While the forecast indicates a stable yet slight decline in non-ferrous metal exports from Belgium, factors such as changes in global demand, technological advancements, and regulatory policies may impact future trends. Monitoring these elements will be critical for accurate future forecasting.
