Forecast: Animal Output Production in Belgium

The animal output production in Belgium was valued at €6.45 billion in 2023. From 2024, the production is forecasted to increase steadily with values reaching €6.73 billion by 2028. Year-on-year percentage increases from 2024 to 2025, 2025 to 2026, 2026 to 2027, and 2027 to 2028 are approximately 0.92%, 0.92%, 0.91%, and 0.75% respectively. Over the forecasted period from 2024 to 2028, the compound annual growth rate (CAGR) is estimated to be around 0.88% indicating a stable growth trend.

Future trends to watch for include potential impacts of trade policies, advancements in farming technologies, and environmental regulations which may affect production efficiencies and market dynamics, possibly altering growth trajectories in the animal output sector.

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