Based on the forecasted data, the year-on-year variations are:
- 2025: -2.82%
- 2026: -2.84%
- 2027: -2.88%
- 2028: -2.89%
The Compound Annual Growth Rate (CAGR) over the last five years is approximately -2.86%.
Future Trends to Watch
Given the consistent decrease in the import value, Belgium may be seeking alternative sources or methods for obtaining natural phosphates. Monitoring changes in global phosphate prices, advancements in phosphate recycling technology, and shifts in agricultural practices will be crucial for understanding future import trends.
