The forecasted sold production of orange juice in Belgium shows a declining trend from 2024 to 2028. Starting at 161.86 million liters in 2024, it is expected to drop to 159.25 million liters by 2028. This gradual decline reflects a consistent year-on-year decrease, indicating a steady reduction in the demand or production capacity of orange juice. The average annual drop over these five years is modest, but consistent.
Variations:
- 2024 to 2025: -0.41%
- 2025 to 2026: -0.40%
- 2026 to 2027: -0.40%
- 2027 to 2028: -0.41%
- Compound Annual Growth Rate (CAGR) for 2024-2028: -0.41%
In 2023, the production stood at 162.5 million liters, establishing this year as a benchmark for future comparisons.
Future trends to watch for include changes in consumer preferences towards healthier beverages, potential advancements in production technology, and shifts in global supply chains which could impact the availability of raw materials necessary for orange juice production.
