Based on the forecast data, the volume of animal fats processed in Belgium is projected to remain stable at 7.0 thousand metric tons from 2024 to 2026, with a decline to 6.0 thousand metric tons in 2027 and 2028. This represents a year-on-year percentage decrease of approximately -14.3% from 2026 to 2027 and stability for other years. The Compound Annual Growth Rate (CAGR) over this forecast period indicates an average annual decline of -3.0%.
Future Trends to Watch: The declining trend from 2027 suggests a need to monitor market shifts, regulatory impacts, and alternative fat sources. Factors such as consumer preferences towards plant-based products and sustainability concerns are likely to influence future animal fats processing volumes.
