The forecast for raw milk used by dairies production in Belgium indicates a steady increase from 2024 to 2028, with values rising from 5.36 million metric tons to 5.53 million metric tons. This represents a consistent year-on-year growth averaging around 0.75%. In 2023, the actual production stood at 5.32 million metric tons, marking a slight increase compared to previous years.
Notable trends include:
- A moderate but steady growth in raw milk production, indicating stability in the dairy industry.
- Compound Annual Growth Rate (CAGR) over the forecast period is projected at roughly 0.77%, suggesting gradual, sustained expansion.
Future trends to watch for:
- Technological advancements in dairy processing and milk production efficiency could impact future production rates.
- Market demand changes and export opportunities may drive production modifications.
