Forecast: Production Value of Roofing Activities in Belgium

Based on the provided data, the production value of roofing activities in Belgium shows consistent growth from 2024 to 2028. Here are the year-on-year variations:

  • 2024 to 2025: ((2.82 - 2.76) / 2.76) * 100 = 2.17%
  • 2025 to 2026: ((2.88 - 2.82) / 2.82) * 100 = 2.13%
  • 2026 to 2027: ((2.94 - 2.88) / 2.88) * 100 = 2.08%
  • 2027 to 2028: ((3.0 - 2.94) / 2.94) * 100 = 2.04%

The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is ((3.0 / 2.76)^(1/4) - 1) * 100 = 2.11% per year on average.

The roofing activities sector in Belgium is expected to continue its steady growth, driven by factors such as increased construction projects, advancements in roofing materials, and sustainable building practices. Attention should be given to innovations in energy-efficient roofing solutions and the impact of government regulations on construction standards.

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