The consumption of primary solid biofuels in the agriculture and forestry sectors in Belgium peaked in 2013 at 502.7 Terajoules and has shown a general declining trend since then. In the latest available actual value for 2023, the consumption stood at 267.2 Terajoules. Over the last two years, annual variations have stabilized with rates of 0% for both 2022 and 2023. However, looking at the Compound Annual Growth Rate (CAGR) over the previous five years, the consumption has fallen by an average of 5.81% per year. Forecasts indicate that consumption will remain stable at 267.3 Terajoules from 2024 through 2028, reflecting a projected 5-year CAGR of 0%.
Future trends to watch for:
- The possibility of regulatory changes or subsidies aimed at increasing biofuel usage in agriculture and forestry.
- Technological advancements in the production and usage of solid biofuels that may enhance efficiency or cost-effectiveness.
- Shifts in broader energy policy within the EU that might impact biofuels consumption across member states including Belgium.