Forecast: Value Added of Transportation and Warehousing in Belgium

The value added of the transportation and warehousing sector in Belgium has shown significant variability over the past decade. From 2013 to 2023, the sector experienced both robust growth and notable setbacks. The period between 2013 and 2019 saw consistent increases, with a slight dip in 2020 due to external disruptions. Recovery was swift in 2021, and by 2023, the sector stood at 25.42 billion Euros, reflecting a stable upward trajectory. The year-on-year variation was 1.69%, with a CAGR of 1.97% over the last five years.

Looking ahead, forecasted data suggests a continued positive trend for the next five years, with a CAGR of 1.33% and an overall growth rate of 6.8% by 2028. Stakeholders should remain vigilant about factors such as technological advancements, regulatory changes, and potential economic fluctuations that could impact the sector's growth trajectory.