Key Market Indicators
Belgian fabric imports are projected to hit around $117 million by 2026, down 1.8% annually on average since 2021, when the country ranked 40th with $130.5 million. South Korea overtook Belgium that year. Indonesia, China and the US ranked 2nd, 3rd and 4th respectively. Belgian fabric exports are also expected to drop 1.5% yearly on average to reach $135 million by 2026. Belgium was 16th in 2021 with $148.3 million, behind Austria. South Korea, Italy and Germany were 2nd, 3rd and 4th in the ranking that year. Since 2004, Belgian supply has decreased by 1.7% annually.
