The import of girdles, panty girdles, and parts thereof to Belgium witnessed considerable fluctuations. From a high of 199.05 thousand kilograms in 2013, the volume showed a downward trend until 2018, with minor rebounds in between. Post-2018, a general declining trend continued, leaving 2023 with a volume of 95.51 thousand kilograms.
Year-on-year variations illustrate considerable volatility:- From 2013 to 2014: -30.89%- From 2014 to 2015: -42.11%- From 2015 to 2016: +50.52%- From 2016 to 2017: +2.39%- From 2017 to 2018: -18.25%- From 2018 to 2019: +3.37%- From 2019 to 2020: -18.69%- From 2020 to 2021: +18.03%- From 2021 to 2022: -2.04%- From 2022 to 2023: -2.04%
The compound annual growth rate (CAGR) over the last five years up to 2023 stands at -0.98%, indicating a general decline. The forecast indicates a continued slow decrease, with a projected five-year CAGR of -1.82% by 2028, predicting a volume of 85.12 thousand kilograms by that year.
Future trends to watch for include potential impacts from shifts in consumer preferences towards alternative shapewear or athleisure, economic factors influencing import volumes, and advancements in textiles that could affect demand for traditional girdles. Monitoring global trade policies and continued developments in e-commerce may also influence future import patterns.
