The gross investment in the refined petroleum products sector in Belgium has shown significant variations over the years. In 2023, the investment stood at 450.3 million Euros, with a year-on-year increase of 2.39%. The sector experienced peaks and troughs, with notable highs in 2014 and 2016 and subsequent declines. Over recent years, the sector has stabilized with moderate growth, reflected in an average annual growth rate (CAGR) of 1.03% over the last five years. Forecasts indicate a continued gradual increase, with a forecasted CAGR of 1.63% from 2024 to 2028.

Future trends to watch for include:

Fluctuations in global oil prices impacting investment levels.
Impact of policies promoting renewable energy and reducing carbon emissions.
Technological advancements and their integration into existing refining processes.