Belgium's import of electromechanical hedge trimmers and lawn edge cutters has shown significant variability over the years. From 2013 to 2015, the import value decreased, reaching a low in 2015. This trend reversed sharply in 2016, followed by steady growth until 2018. A decline occurred in 2019 and 2020, but this was offset by a strong recovery from 2021 to 2023, with a year-on-year increase of 10.74% in 2023. The compound annual growth rate (CAGR) over the last five years up to 2023 stood at 0.57%. The forecast from 2024 to 2028 indicates a moderate annual growth rate of 3.22%, suggesting a stable upward trajectory.
Future trends to watch for include:
- Increased demand driven by advancements in battery technology and improved product performance.
- Heightened focus on eco-friendly and energy-efficient models.
- Potential impacts of economic fluctuations and trade policies on import volumes.