The forecast for cereal production in Belgium shows a gradual decline from 2024 to 2028, starting at 2.4848 million metric tons in 2024 and decreasing each year to reach 2.3566 million metric tons by 2028. Based on historical data, cereal production was slightly higher in 2023. Year-on-year variations show a consistent decline of approximately 1.3% annually. The compound annual growth rate (CAGR) over the forecasted period is negative, indicating a steady reduction in production.
Future trends to watch for:
- Impact of climate change on agricultural output.
- Changes in agricultural policies and subsidies.
- Advances in farming technology and practices.
- Demand shifts due to population growth and consumption patterns.
- Potential trade disruptions affecting cereal import and export dynamics.
