In 2023, the cattle production in Belgium stood at 1.26 billion Euros. The forecasted values for the years 2024 to 2028 indicate a steady upward trend in cattle production value, increasing from 1.27 billion Euros in 2024 to 1.30 billion Euros in 2028.
Year-on-year variations show a consistent growth, with a 0.79% increase in 2025 and 2026, a stabilization in 2027, and a 0.78% increase in 2028. The Compound Annual Growth Rate (CAGR) over the last five years is approximately 0.63% per year.
Future trends to watch for include potential impacts of environmental policies, advancements in cattle farming technology, and shifts in consumer demand for beef and dairy products. These factors could influence both production capacity and market value in the coming years.