From 2018 to 2022, the public water supply to the construction sector in Belgium saw a consistent decline from 40.0 thousand cubic meters to 10.0 thousand cubic meters. This represents an annual decrease rate over the five years (CAGR) of approximately -21.18%. The last two years, from 2021 to 2023, showed no change as the values remained steady at 10.0 thousand cubic meters.
Future trends to watch for:
- Government regulations on water conservation may further reduce water supplies.
- Technological advances in construction may lead to more efficient water usage, stabilizing demand.
- Potential economic growth in the construction sector might reverse the declining trend of water consumption.