Forecast: Water Collection, Treatment and Supply Gross Value Added in Belgium

The Gross Value Added (GVA) for the Water Collection, Treatment, and Supply sector in Belgium was 1.26 billion euros in 2023. From 2024 to 2028, the value is forecasted to steadily increase as follows: 1.28 billion euros in 2024, 1.3 billion euros in 2025, 1.32 billion euros in 2026, 1.34 billion euros in 2027, and 1.37 billion euros in 2028.

The year-on-year percentage variations are modest but positive:- 2024: +1.59%- 2025: +1.56%- 2026: +1.54%- 2027: +1.52%- 2028: +2.24%

The Compound Annual Growth Rate (CAGR) over the five years from 2023 to 2028 is approximately 1.69%, indicating a steady growth pattern for the sector.

Future trends to watch for:

  • Technological advancements in water treatment processes.
  • Increased investment in sustainable and green infrastructure.
  • Regulatory changes related to environmental protection and water quality standards.
  • Potential impacts of climate change on water supply and demand dynamics.
  • Rising public and private sector focus on water conservation initiatives.

Top Countries about Water Supply