Belgium's biomass imports were previously at 58.88 million metric tons in 2023. The forecasted data for the subsequent years shows a steady increase with year-on-year variations: 1.32% in 2024, 1.36% in 2025, 1.31% in 2026, 1.28% in 2027, and 1.23% in 2028. The Compound Annual Growth Rate (CAGR) over the five years leading up to 2028 is approximately 1.30%, demonstrating a consistent upward trend.
Future trends to watch for include the impact of policy changes on renewable energy imports, technological advancements in biomass production, and potential shifts in global biomass supply chains, which could affect Belgium's import volumes. Additionally, competitive dynamics within the European renewable energy market should be closely monitored.
