Historical data shows that wheat production in Belgium decreased from 2.0 million metric tons in 2014 to 1.51 million metric tons in 2023, marking a Compound Annual Growth Rate (CAGR) of -1.77% over the past five years. From 2022 to 2023, the production decreased by 1.69%. Noticeably, there has been a consistent decline from 2019 onwards, interrupted only briefly in 2021 with a slight increase. Over a longer timeline, the production has generally shown a downward trend, driven by various factors including climate conditions, market dynamics, and potential shifts in agricultural practices.
Looking forward, the forecast suggests a continued decrease in wheat production, declining to 1.38 million metric tons by 2028. The predicted CAGR for the next five years is -1.46%, indicating a 7.08% total drop from 2023 to 2028. Trends to watch include changes in climate patterns, advancements in agricultural technology, and shifts in EU agricultural policy which could influence production levels.
