In 2023, Belgium imported 100 million kilograms of Bentonite. The forecasted import data from 2024 to 2028 shows a slight but consistent increase year-on-year, with values growing from 101 million kilograms in 2024 to 109.64 million kilograms in 2028. This trend indicates an average annual growth rate (CAGR) of approximately 2% over the five-year period.
Year-on-year percentage variations are as follows:- 2024: 1%- 2025: 2.2%- 2026: 2.1%- 2027: 2%- 2028: 1.96%
The continual, albeit modest, growth suggests a stable demand for Bentonite in the Belgian market. Although historical data shows fluctuations, future trends to watch for include potential impacts of changes in industrial uses, environmental regulations, and global market dynamics which could either dampen or propel this growth trajectory further.
