From 2013 to 2018, wood residues production in Belgium remained stable at 538.94 thousand cubic meters. A sharp decline occurred in 2019 (-11.13%), followed by a significant drop in 2021 (-36.99%). The subsequent years continued to show a downward trend, with the production forecasted to reach 272.23 thousand cubic meters by 2028. The forecasted five-year CAGR from 2024 to 2028 is -0.46%, indicating a steady decline.
Future Trends to Watch
Industry stakeholders should monitor advancements in alternative materials, sustainability initiatives, and changes in regulatory frameworks. Additionally, shifts in the demand for wood-based products and potential technological innovations could influence future production levels.
