The output of water collection, treatment, and supply in Belgium has shown an overall upward trend from 2013 to 2023. In 2023, the output stood at 3.3 billion Euros, representing a 2.81% year-on-year increase. The Compound Annual Growth Rate (CAGR) over the last five years was 3.24%, indicating moderate growth. There were notable fluctuations such as declines in 2018 and 2020, but recovery and growth periods followed. The forecast data suggests continued growth at a CAGR of 1.97% over the next five years, with the output expected to reach 3.74 billion Euros by 2028, indicating a 10.25% growth from 2023.
Future trends to watch for include technological advancements in water treatment, increased regulatory pressures, and the potential impact of climate change on water resources. It will be crucial to monitor how these factors influence production efficiency and cost management in the water supply sector. Additionally, any shifts in government policies or consumer behavior towards sustainability will also impact the sector's growth trajectory.
