The Natural Graphite Market Size Value Per Capita in Belgium has experienced a consistent decline from 1.35% USD per capita in 2012 to 0.81% USD per capita in 2022. The most significant year-on-year decrease occurred between 2018 and 2019 with a drop from 0.98% to 0.93%. Over the last two years, the market has seen an average annual decrease of around 3.9%, with a compound annual growth rate (CAGR) of approximately -2.73% over the last five years.
Future trends to watch for include potential stabilization or revitalization driven by advancements in graphite applications for EV batteries and new technologies, as well as geopolitical shifts affecting supply chains and market dynamics.
