In 2023, the production of fertilisers and soil improvers in Belgium stood at 431.09 million euros. The forecasted data shows a steady year-on-year growth from 2024 to 2028. Specifically, the production values are projected to increase by approximately 0.83%, 0.81%, 0.81%, and 0.78% annually. This results in a Compound Annual Growth Rate (CAGR) of around 0.81% over the next five years.

Future trends to watch for:

Technological advancements in fertiliser formulations and soil improvement techniques.
Sustainability initiatives and regulations affecting production practices.
Market demand fluctuations driven by agricultural sector performance and climate change impacts.
Potential shifts in trade policies and international market conditions.