The production of coke and refined petroleum products in Belgium has shown a significant fluctuation over the past decade. The value peaked at 36.03 Billion Euros in 2013, followed by a steady decline until 2016. The value rebounded sporadically, peaking again in 2018 and then continuing to vary annually. As of 2023, the value stood at 28.04 Billion Euros. Year-on-year variation highlights periods of decline, notably in 2015, 2016, and 2019-2020, followed by periods of recovery. The last CAGR indicates a negative average change per year at -1.87%, reflecting prevalent variability and instability in production levels.

Future forecasts (2024-2028) project a marginally stable growth rate. The forecasted 5-year CAGR is 0.26%, signaling a slow but steady increase in production value. **Trends to watch for:**

The impact of global oil prices on production costs and value.
Environmental regulations influencing production practices.
Technological advancements in production efficiency.
Shifts in demand for refined petroleum products due to energy transition policies.