Forecast: Grapes Export Volume in Belgium

In 2023, Belgium's grape export volume stood at 43.0 thousand metric tons. The forecasted data from 2024 to 2028 show a gradual decline: 42.0 in 2024, 41.0 in 2025, 2026, and 2027, and 40.0 in 2028. This translates into a year-on-year decrease of approximately 2.3% from 2023 to 2024 and 1.0% from 2024 to 2025, with stability in 2026 and 2027, and a further decrease of 2.4% from 2027 to 2028.

Over the last two years, there has been a noticeable downward trend. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is approximately -1.5%, indicating a consistent slight decline in export volume.

Future trends to watch for include shifts in global demand, potential trade policy changes, and the impact of climate change on grape production, which could all significantly influence Belgium's export volumes.

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