The railway locomotives and rolling stock production value in Belgium has shown significant fluctuations from 2014 to 2023. In recent years, the value stood at 157.5 million Euros in 2023, reflecting a year-on-year decrease of 4.26%. The data from 2014 to 2023 indicates intermittent growth and contraction periods, with notable declines in 2015 (-19.17%), 2018 (-24.95%), and 2020 (-19.17%). Despite minor recovery streaks in 2017 (3.85%) and 2019 (0.27%), the general trend has been downward, with a CAGR of -2.98% from 2018 to 2023.
Forecasts from 2024 to 2028 show a continuous decline in production value, with a predicted 5-year CAGR of -4.2% and an overall reduction of 19.29% by 2028. Key factors and potential disruptions to monitor include technological advancements in railway systems, investments in infrastructure, and policy changes affecting the transportation sector.
