The sold production of dental fittings in Belgium has seen notable fluctuations over the past decade. Starting in 2013 with a value of 32.049 million euros, it rose steadily to 52.191 million euros by 2019. A dip occurred in 2020, with a subsequent rebound and significant growth by 2023, reaching 65.773 million euros. The year-on-year growth highlighted significant variability, with peaks in 2016 (32.02%), 2021 (32.45%), and notable declines in 2020 (-7.31%) and 2022 (-2.06%). The CAGR has indicated steady progression, averaging 5.33% over the past five years.
Looking forward:
- Forecasts show continued growth, with the value reaching 80.442 million euros by 2028.
- The forecasted 5-year CAGR stands at 3.19%, reflecting a stable yet moderate growth rate.
- Key trends to watch include advancements in dental technology and an increasing aging population, both likely to boost demand further.