In 2023, the Gross Value Added (GVA) for Land Transport and Pipeline Transportation in Belgium stood at 9.12 billion Euros. The forecasted data from 2024 to 2028 indicates a steady year-on-year growth, starting from 9.25 billion Euros in 2024 and reaching 9.74 billion Euros by 2028. This consistent growth reflects an approximate year-on-year increase of around 1.5%. The Compound Annual Growth Rate (CAGR) over the five years is approximately 1.34%, demonstrating a stable upward trend in the sector.
Key future trends to watch for include:
- Increased investment in sustainable and green transportation solutions which may drive further growth.
- Technological advancements in logistics and pipeline management, potentially improving efficiency and added value.
- Regulatory changes in the EU, particularly around emissions and transportation standards, could also impact future values positively or negatively.
