In 2023, Belgium imported contraceptives worth 58.67 million USD. From 2024, the value is forecasted to decline year-on-year, decreasing to 52.79 million USD in 2024, 46.959 million USD in 2025, 41.245 million USD in 2026, 35.646 million USD in 2027, and further to 30.158 million USD in 2028. The year-on-year percentage variation shows a consistent decrease, revealing a significant downward trend.
Main points to note:
- 2024: Decrease of 10% from 2023.
- 2025: Further decrease of 11% from the previous year.
- 2026: Down by 12% from 2025.
- 2027: Decrease continues by 14% from 2026.
- 2028: A further drop by 15% from 2027.
Future trends to watch will include factors affecting the demand for contraceptives, such as changes in public health policies, population demographics, the introduction of new products, and shifts in consumer preferences. These trends may influence the import value and could potentially alter the declining forecast.