The volume of distilled alcoholic beverages per capita in Belgium is forecasted to increase steadily from 1.46 kilograms in 2024 to 1.53 kilograms in 2028. Compared to the base year of 2023, where the per capita volume stood at 1.44 kilograms, there is a noticeable upward trend. This represents a year-on-year increase of approximately 1.4% in 2024, 1.37% in 2025, 1.35% in 2026, 1.33% in 2027, and 0.66% in 2028. Over the next five years, the compound annual growth rate (CAGR) is approximately 1.18%, indicating a gradual yet consistent rise in consumption.
Future trends to watch for include:
- Changing consumer preferences towards premium and craft distilled beverages.- Possible impacts of regulatory changes on alcohol consumption patterns.- Developments in distribution channels and e-commerce growth for alcoholic beverages.- Economic factors influencing disposable income and spending on luxury beverages.
