The cow milk butter production in Belgium saw several fluctuations over the past decade. Starting at 78.12 thousand metric tons in 2013, it dipped significantly in 2014 by 17.92%, then experienced a gradual recovery until a peak in 2017 with 85.93 thousand metric tons. However, it faced a general decline from 2018 onwards, with the year-on-year variation indicating volatility. By 2023, it stood at 77.81 thousand metric tons, showing a consistent decrease with a CAGR of -0.87% over the past five years.
Future trends predict continued gradual decline in production, with a forecasted CAGR of -0.72% over the next five years and a total decrease of 3.55% by 2028. Key factors to monitor include agricultural policies, global dairy market conditions, and domestic consumption trends, which could all impact production levels.
