Forecast: Renewables and Biofuels Final Consumption in Industry in Belgium

Year-on-Year Variation: The values show a slight but consistent decline in renewables and biofuels final consumption in industry. From 2024 to 2025, the consumption decreases by approximately -0.18%, continuing with -0.17% from 2025 to 2026, -0.16% from 2026 to 2027, and -0.15% from 2027 to 2028.

Compound Annual Growth Rate (CAGR): Over the five-year period (2024-2028), the CAGR is approximately -0.16%.

Future Trends: Although the decline in consumption is slight, it is persistent. Future trends to watch include advancements in renewable technology, changes in regulation, and industry shifts toward sustainability. These factors could alter the current downtrend, potentially stabilizing or even reversing it.