Forecast: Domestic Extraction Used of Biomass in Belgium

In 2023, the Domestic Extraction Used of Biomass in Belgium stood at 33.8 Million Metric Tons. From 2024 to 2028, the forecasted values illustrate a gradual decline, beginning at 33.63 in 2024 and decreasing to 32.97 in 2028. Year-on-year percentage variations range from minor decreases in the vicinity of 0.51% to 0.54%. Over the last two years, the pattern remains consistent with minimal reduction. The Compound Annual Growth Rate (CAGR) over the next five years projects an average yearly decrease of approximately 0.5%.

Future trends to watch for include technological advancements in biomass extraction efficiency, potential policy changes promoting renewable energy sources, and shifts in global biomass demand that could influence Belgium's domestic extraction rates.

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