Over the last decade, Belgium's agricultural services output production shows varied trends. From 2013 to 2017, the output consistently declined, with a notable decrease in year-on-year variation of -1.18% in 2017 and a CAGR of -5.92%. A positive shift began in 2018, followed by significant growth in 2019 and a sharp rise in 2020 due to a 28.94% year-on-year increase. Recent years (2020-2023) display high growth, with predictions of moderate continued growth, expressed in a forecast CFR of 1.82% over the next 5 years.
Future Trends: Monitoring the impact of technological advancements and sustainability practices in agriculture is crucial. Additionally, policy changes and trade relations within the EU could significantly influence future outputs.
