In 2023, the gross production of milk in Belgium stood at approximately 1.94 billion USD PPP. From 2024 onwards, the forecasted data indicates a steady increase in milk production value. The year-on-year analysis shows the following percentage variations: 2025 (+1.62%), 2026 (+1.58%), 2027 (+1.54%), and 2028 (+1.50%). Over the last two years (2022-2023), the variation was +2.06%. The Compound Annual Growth Rate (CAGR) over the last five years (2024-2028) stands at +1.56%, reflecting a consistent upward trend in milk production value.
Future trends to watch for include advancements in dairy farming technology, potential shifts in EU agricultural policies, and the impact of global market dynamics on Belgium's dairy industry. Keeping an eye on these factors will be essential for understanding the long-term trajectory of milk production in Belgium.
