Forecast: Imports of Fossil Fuel in Belgium

Based on the provided data, Belgium's imports of fossil fuel from 2024 to 2028 show a gradual decline. In 2023, fossil fuel imports stood at 105.23 Million Metric Tons.

Year-on-year analysis reveals the following percentage variations:

  • 2024 to 2025: -0.14%
  • 2025 to 2026: -0.13%
  • 2026 to 2027: -0.13%
  • 2027 to 2028: -0.13%

The Compound Annual Growth Rate (CAGR) from 2024 to 2028 indicates a consistent annual decrease of approximately -0.14%.

Future trends to watch for include potential impacts from policies promoting renewable energy sources, technological advancements in energy efficiency, and global fuel market dynamics that could further influence Belgium's fossil fuel import volumes.

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