Whole milk production in Belgium stood at 234.32 thousand metric tons in 2023. The trend has shown fluctuations over the past decade, with notable year-on-year increases of 6.5% in 2018 and 7.7% in 2019, indicating periods of robust growth. However, there have also been declines, such as a 5.92% decrease in 2021. The 5-year CAGR leading up to 2023 was 1.43%, reflecting moderate growth.
Looking ahead, Belgium's whole milk production is forecasted to rise gradually, reaching 242.38 thousand metric tons by 2028. The forecasted 5-year CAGR is 0.52%, suggesting a stable but slow growth trajectory. It's essential to monitor potential industry disruptions or policy changes that could impact production rates.
