The electronic and electric wires market in Belgium is forecasted to decline steadily from 2024 through 2028. Volume in 2024 stands at 72.426 million kilograms, down from the 2023 level. Each subsequent year sees a year-on-year decline, with values decreasing to 70.573 million kilograms in 2025, 68.756 million kilograms in 2026, 66.976 million kilograms in 2027, and 65.232 million kilograms in 2028.

Year-on-year variations show:

A consistent decrease of approximately 2.5% per year from 2024 to 2028.

CAGR over the last five years indicates an average annual decline rate, demonstrating a clear downward trend in market volume.

Future trends to watch include:

Technological advancements in wireless technology that could further reduce the demand for traditional wires.
Potential shifts towards smart grids and renewable energy infrastructure, may impact wire requirements.
Economic factors such as material costs and regulatory changes that could influence market demand.