Analysis of the public water supply to industry and construction in Belgium from 2013 to 2023 indicates an overall fluctuating trend with significant variations year-on-year. Between 2013 and 2023, the highest consumption was observed in 2017 at 96.4 million cubic meters, while the lowest was in 2020 at 76.32 million cubic meters, suggesting a sharp decline likely due to external factors such as economic or environmental impacts.
Recent years continue to show slight declines, evidenced by minimal year-on-year decreases of -0.76% in 2022 and -0.73% in 2023, indicative of a stabilizing downward trend. The Compound Annual Growth Rate (CAGR) over the past five years (2018-2023) stands at -1.05%, reflecting a consistent reduction in water supply to these sectors.
Future forecasts from 2024 to 2028 suggest a continued gradual decline, with a projected CAGR of -0.63% and an overall forecasted reduction of -3.09%. This trend implies ongoing efforts in resource optimization or shifts towards more sustainable practices in the industrial and construction sectors.
Future trends to watch for include technological advancements in water conservation, regulatory changes promoting sustainable practices, and economic factors influencing industrial water consumption.
