Forecast: Exports of Renewables and Biofuels in Belgium

Based on the provided forecast data from 2024 to 2028, there is a consistent growth in the exports of renewables and biofuels in Belgium. The values in Thousand Terajoules are as follows: 2024: 14.67, 2025: 15.04, 2026: 15.4, 2027: 15.75, 2028: 16.09. The average annual growth rate (CAGR) over the five-year period is approximately 2.29%.

  • 2025: 2.52%
  • 2026: 2.39%
  • 2027: 2.27%
  • 2028: 2.16%

The continuous growth trend exhibits increasing interest and expansion in renewable and biofuel sectors. Future trends to watch include technological advancements, policy changes affecting renewable energy, and global market dynamics which can influence the growth rate positively or negatively.

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