The textiles finishing production value in Belgium has seen a gradual decrease over the forecasted period from 2024 to 2028. In 2023, the production value stood at 124.0 million Euros. The year-on-year percentage variation shows a consistent downward trend, with a most recent change of -0.98% from 2023 to 2024. Subsequent yearly variations are -0.98%, -0.74%, -0.66%, and -0.59% across 2025 to 2028, respectively. The average annual variation over the last five years, represented by the CAGR, stands at -0.78%.
Future trends to watch for include potential shifts towards sustainable and eco-friendly finishing techniques, advancements in automation, and potential impacts of trade policies and economic factors on the textiles industry in Belgium.
