Forecast: Alcoholic Beverages Export Volume in Belgium

From 2014 to 2023, Belgium's alcoholic beverage export volume showed mixed growth trends, with significant boosts in 2015, 2016, and 2021. The year-on-year percentage variations exhibited sharp increases of 17.32%, 12.47%, and 17.57% in 2015, 2016, and 2021 respectively. However, in 2020, there was a notable decline of 14.65%. The recent average annual growth rate (CAGR) over five years is around 2.31%. Future trends to watch for include a forecasted 5-year CAGR of 1.88% and an overall growth rate of 9.78% by 2028.