Forecast: Exports of Non-Metallic Minerals in Belgium

The exports of non-metallic minerals in Belgium have shown fluctuating trends from 2013 to 2023. The year 2023 recorded an export volume of 38.48 million metric tons, marking a 0.23% year-on-year increase. Notable dips occurred in 2016 and significantly in 2020, with a recovery observed in 2021. Over the last two years, the exports grew by a modest 0.23% per year. The five-year CAGR stands at 0.37%, reflecting slow and steady growth. Forecasts indicate that from 2024 to 2028, exports will continue to grow marginally, with a forecasted 5-year CAGR of 0.19% and a total growth rate of 0.93%.

Future trends to watch for include potential impacts of economic policies, technological advancements in the mining sector, and shifts in global demand for non-metallic minerals which could either bolster or constrain Belgium's export capacity.

Top Countries about Quarrying