The import of aircraft under-carriages and parts to Belgium has experienced fluctuating growth over the last decade. In 2023, the value stood at 8.4386 million US dollars, reflecting a slight decline of 1.13% from the previous year. The import sector showed significant variations with notable peaks, such as a 42.55% growth in 2018 and a 29.01% increase in 2016. The latest 5-year CAGR turned negative at -0.97%, indicating a cautious long-term outlook.
Future trends to watch for include the impact of technological advancements in aircraft manufacturing, potential changes in international trade policies, and evolving demand patterns driven by the global aviation industry. Sustainability trends and new regulatory standards could also influence future import values.
