In 2023, the self water supply to the manufacturing sector in Belgium stood at 990 million cubic meters. The forecast for the self water supply shows a steady decline over the next five years. Specifically, it will decrease from 976.22 million cubic meters in 2024 to 923.75 million cubic meters by 2028. Here are the year-on-year variations in percentage:
- 2024 vs. 2023: -1.4%
- 2025 vs. 2024: -1.4%
- 2026 vs. 2025: -1.4%
- 2027 vs. 2026: -1.4%
- 2028 vs. 2027: -1.4%
The compound annual growth rate (CAGR) over the forecasted five years is -1.4% per year.
Future trends to watch for include advancements in water recycling technologies, shifts in manufacturing practices towards more water-efficient processes, and potential regulatory changes aimed at reducing water consumption. These factors could impact the actual water demand, potentially mitigating the forecasted decline.
