Production in the Repair of Communication Equipment sector in Belgium shows a noticeable decline. The values dropped from €30.7M in 2013 to €6.5M in 2023. Year-on-year variations reveal periodic fluctuations; noteworthy declines occurred during 2015 (-65.14%) and 2019 (-40.83%). Over the last 5 years (2018-2023), the Compound Annual Growth Rate (CAGR) was -11.54%. Forecasts suggest a continued decline with a -4.6% CAGR, projecting a sector value of €4.9M by 2028.
Future Trends: Stakeholders should monitor technological advancements, policy shifts, and potential market consolidations affecting sector dynamics. Sustainable practices and innovation could provide new opportunities or mitigate further declines.