The forecast for the import of alkyd resins into Belgium shows a steady growth trend from 2024 to 2028, with values increasing from 11.279 million kilograms in 2024 to 11.736 million kilograms in 2028. This indicates a consistent annual increase. For context, the value in 2023 was the last actual data point available. Year-on-year variations are as follows:
- 2025: 1.05% increase from 2024
- 2026: 1.01% increase from 2025
- 2027: 0.98% increase from 2026
- 2028: 0.95% increase from 2027
The average annual growth rate (CAGR) over the last five years is calculated to provide context for the trend.
The future trends to watch for include potential changes in global trade policies, developments in the resin manufacturing industry, and shifts in demand due to new technologies and environmental regulations. These factors could significantly impact the forecasted positive growth trajectory.
