Forecast: Milk Production in Belgium

Milk production in Belgium has shown a steady upward trajectory from 2013 to 2023, increasing from 3.4832 million metric tons to 4.6854 million metric tons, with year-on-year variations generally positive. However, there were occasional dips such as in 2016 and 2020. The average variation per year over the last five years (CAGR) has slowed to 1.8%.

From 2024 to 2028, predictions indicate continued growth, reaching 5.0869 million metric tons by 2028. The forecasted 5-year CAGR is projected at 1.3%, reflecting a modest but positive growth rate of 6.65% over the period.

Trends to watch for in the future include technological advancements in dairy farming, sustainability initiatives, and potential market fluctuations due to economic and environmental factors.

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