The jewellery export data from Belgium shows a general upward trend from 2013 to 2028, with a Compound Annual Growth Rate (CAGR) ranging from 3.85% to 15.73% across various years. The forecasted period (2023-2028) indicates a steady increase, with a forecast 5-year CAGR of 4.67%, suggesting a more moderate but consistent growth compared to prior years. The year-on-year variation also highlights significant fluctuations, such as a 36.58% increase in 2021 and a -2.46% decrease in 2023, indicating market volatility.
In terms of future trends, the steady growth in Belgium’s jewellery exports suggests a strengthening market position globally. However, the moderate forecasted CAGR till 2028 advises cautious optimism, with potential impacts from global economic conditions, consumer trends towards sustainable and ethical jewellery, and digitalization in the jewellery trade shaping the industry’s trajectory.
