The production of cotton woven fabrics in Belgium has experienced significant fluctuations over the past decade. Despite a general downward trend from 2013 to 2018, a notable spike occurred in 2019, followed by another decline in 2020 and a drastic drop in 2021. However, production surged in 2022, continuing upward in 2023, reaching 15.664 million square meters. The average annual variation over the past five years from 2019 to 2023 stands at 24.66%, indicating a recovery and growth.
Looking forward, production is expected to continue growing robustly. Forecasted increases are projected, showing a consistent rise all the way to 2028, with an average annual growth rate of 9.43%, cumulatively amounting to a 56.94% increase over five years. Key future trends to watch for include technological advancements in manufacturing, shifts in global trade policies, and sustainable practices in textile production.
