Starting in 2003 when the first MWE workshop was held with ACL in Sapporo, Japan, this year, the joint workshop of MWE-UD co-located with the LREC-COLING 2024 conference marked the 20th anniversary of MWE workshop events over the past nearly two decades. Standing at this milestone, we look back to this workshop series and summarise the research topics and methodologies researchers have carried out over the years. We also discuss the current challenges that we are facing and the broader impacts/synergies of MWE research within the CL and NLP fields. Finally, we give future research perspectives. We hope this position paper can help researchers, students, and industrial practitioners interested in MWE get a brief but easy understanding of its history, current, and possible future.