The turnover for Floating Structures Building and Shipbuilding in Belgium was 22.8 million euros in 2023. Forecast data for the next few years indicate a slight year-on-year decline: 22.4 million euros in 2024, 22.2 million euros in 2025, 22.0 million euros in 2026, 21.8 million euros in 2027, and 21.6 million euros in 2028. This equates to a consistently modest negative growth rate, with the compound annual growth rate (CAGR) showing an average annual decrease over the 2024-2028 period.

Future trends to watch for:

Technological advancements in shipbuilding that could impact efficiency and costs.
Regulatory changes in environmental standards affecting production practices.
Global economic conditions influencing demand and industry health.