The production value of pipeline transportation in Belgium showed significant growth from 2014 to 2023, increasing from 160.8 million euros in 2014 to 1100.0 million euros in 2023. The most substantial growth occurred between 2014 and 2015, with a year-on-year increase of 357.21%. The production value has continued to grow, albeit at a slower rate, with a CAGR of 8.4% from 2019 to 2023. In the last two years, the year-on-year variations were 8.38% in 2022 and 7.64% in 2023, showcasing a steady upward trend.

Future trends to watch for include:

Continuous growth in the production value, with forecasted values reaching 1480.0 million euros by 2028.
An average annual growth rate (CAGR) of 4.67% over the next five years.
Potential impacts of technological advancements and regulatory changes on pipeline transportation efficiency and costs.