The importation of high-tech aerospace products to Belgium has seen varied trends over the past decade. From 2013 to 2019, the imports experienced a general upward trend with significant fluctuations, peaking in 2019. The substantial rise in 2019 was followed by a noticeable drop in 2020, likely influenced by global disruptions. From 2021 onwards, the growth resumed steadily, with 2023 standing at 2840 million euros. The year-on-year increase for 2022 and 2023 was 13.25% and 18.66%, respectively. Over the past five years, the CAGR has been 12.35%. The forecast up to 2028 suggests a lower yet consistent growth with a 5-year CAGR of 5.48%, reaching 4090 million euros by 2028.

Future trends to watch for:

Potential impacts of geopolitical shifts and global trade policies on aerospace imports.
Technological advancements in the aerospace industry influencing import volumes.
The role of sustainability and green technologies in shaping import preferences.