Skimmed milk production in Belgium has trended downward from 2013 to 2023, decreasing from 54.84 thousand metric tons to 40.35 thousand metric tons. Over the years, production showed significant fluctuations, notable for sharp decreases and brief increases. For example, a significant drop was seen in 2016 and 2019, followed by an increase in 2018 and 2020. The year-on-year variation from 2022 to 2023 was marginally positive at 0.6%, indicating stabilization. The compound annual growth rate (CAGR) over the past five years was -3.95%, underlining an overall decline.
Future trends to watch for:
- Market stabilization: Forecasts show a flat trend from 2024 to 2028, with consistent production at 40.35 thousand metric tons annually.
- Sustainability initiatives: Ongoing focus on sustainability could influence production methods and efficiency.
- Consumer demand shifts: Changes in consumer preferences towards alternative dairy products may impact future production volumes.
