In 2023, the import of paintings, drawings, and pastels executed by hand to Belgium stood at 90 million US dollars. Based on the forecast data, the values for the subsequent years are as follows:
- 2024: 92.156 million US dollars
- 2025: 94.05 million US dollars
- 2026: 95.907 million US dollars
- 2027: 97.726 million US dollars
- 2028: 99.509 million US dollars
Year-on-year percentage variations show moderate growth:
- From 2023 to 2024: 2.4%
- From 2024 to 2025: 2.1%
- From 2025 to 2026: 2.0%
- From 2026 to 2027: 1.9%
- From 2027 to 2028: 1.8%
The Compound Annual Growth Rate (CAGR) over the five years from 2023 to 2028 is approximately 2.1%, indicating a steady but moderate increase in the import value.
Future trends to watch for include shifts in consumer preferences due to economic conditions, potential trade policy changes, and the impact of digital art. These factors could alter the trajectory of imports in the coming years.