Forecast: Natural Gas Trade Balance Belgium

In 2023, Belgium's natural gas trade balance was neutral relative to the subsequent data. From 2024 to 2028, forecasts show a decreasing trend in the trade balance, starting from a surplus of 3.72 Million Metric Tons in 2024 and falling into deficit territory by 2027 with -0.67 Million Metric Tons and further to -2.11 Million Metric Tons by 2028. The year-on-year percentage decrease from 2024 to 2025 is approximately 40%, followed by a steeper decline nearing 65% from 2025 to 2026. The CAGR over the five-year period indicates an average annual decrease of about 62%.

Future trends to watch for include potential impacts of regulatory changes within the European Union, possible shifts in global natural gas prices, and Belgium's investments in renewable energy sources, which could further influence the country's natural gas trade balance.