Forecast: Production in Television Programming and Broadcasting Activities Sector in Belgium

The television programming and broadcasting sector in Belgium has experienced significant fluctuations over the past decade. From a high of €812.7 million in 2017, the production value saw a drastic drop to €233.2 million in 2018. While there was a recovery in the subsequent years reaching €599.6 million in 2020, the sector has been on a downward trend since, falling to €337.9 million in 2023. This represents an overall declining trend, with a 2023 value significantly lower than its peak.

Year-on-year, the sector saw:

  • -29.82% in 2021
  • -9.91% in 2022
  • -10.87% in 2023
The compounded annual growth rate (CAGR) over the past five years is -14.25%, indicative of a troubling decline.

Forecast data suggest this downward trend will persist with values dropping further to €137.7 million by 2028, representing a negative growth trajectory.

Future trends to watch for include shifts in consumption patterns due to digital transformation, market consolidation, and the impact of streaming services and new media. Adaptation to these changes will be crucial for sector recovery and stability.

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