Year-on-Year Variation in Percentage (2024-2028): 0.01%
Compound Annual Growth Rate (CAGR) over 5 Years (2024-2028): 0.0097%
Production of ornamental plants and flowers in Belgium is projected to exhibit minimal growth, only increasing from €206.56 million in 2024 to €206.61 million in 2028. This indicates a highly stable market with no significant upsurge. Examining longer period trends reveals a consistent pattern with a CAGR of 0.0097%. Future trends to watch for include the impact of technological advancements in horticulture, potential shifts in consumer preferences towards sustainable and locally-sourced flowers, and economic factors influencing export demand.
