Between 2013 and 2021, raw wool production in Belgium remained stable at 130,000 Euros. A sharp decrease of 15.38% occurred in 2022, bringing the value down to 110,000 Euros, where it has remained steady up to 2023. Over the past five years, the compound annual growth rate (CAGR) has been -3.29%. Forecasts from 2024 to 2028 show no anticipated changes in raw wool production, maintaining a flat value of 110,000 Euros with a CAGR forecast of 0%.

Future trends to watch for:

Potential shifts in global wool demand or supply chains that could impact production levels.
Technological advancements in synthetic fibers that may further reduce wool demand.
Sustainability and eco-friendly fashion trends possibly revitalizing interest in natural fibers like wool.