Maize production in Belgium has shown a decline from 2013 to 2023, decreasing from 826.98 thousand metric tons to 347.15 thousand metric tons in 2023. In 2023, maize production stood at 347.15 thousand metric tons. The year-on-year variation has been mostly negative, reflecting a consistent reduction over the years, with only occasional increases noted in years such as 2017 and 2019. The forecast for 2024 anticipates further decline, continuing the downward trend observed in the past. The compound annual growth rate (CAGR) over the past five years is -5.27%, indicating an average annual decrease in production.
Future trends to watch for include:
- The impact of climate change on agricultural yields
- Technological advancements in maize farming that may improve productivity
- Policy changes and subsidies affecting the agricultural sector
- Market demand for maize and related commodities
- Shifts towards sustainable and organic farming practices