Forecast: Sold Production of Metal Structures and Parts of Structures in Belgium

The sold production of metal structures and parts in Belgium has shown significant fluctuation over the years. Starting from 926.51 million kilograms in 2013, it experienced moderate growth until a significant drop in 2019. From there, the industry recovered and stabilized by 2023 with 1170.6 million kilograms. The year-on-year variation saw peaks, like in 2020 with a 102.65% increase, and lows, like in 2019 with a -55.9% decrease. Over the last two years, there was a decline of 10.61% in 2022 and a moderate recovery of 2.38% in 2023. The final five-year CAGR trends negative, indicating a slow recovery in production.

Future trends to watch for include technological advancements in production processes, potential impacts of regulatory changes on the metal industry, and fluctuating demand in international markets. Forecasts suggest a gradual growth with a 5-year CAGR of 1.7%, projecting production to reach 1302.8 million kilograms by 2028.