Year | Import Value (Million US Dollars) |
---|---|
2024 | 94.7 |
2025 | 96.557 |
2026 | 98.377 |
2027 | 100.16 |
2028 | 101.91 |
- 2024-2025: (96.557 - 94.7) / 94.7 * 100 = 1.96%
- 2025-2026: (98.377 - 96.557) / 96.557 * 100 = 1.88%
- 2026-2027: (100.16 - 98.377) / 98.377 * 100 = 1.82%
- 2027-2028: (101.91 - 100.16) / 100.16 * 100 = 1.75%
- CAGR (2024-2028): ((101.91 / 94.7)^(1/4) - 1) * 100 ≈ 1.82%
The data indicates a stable upward trend in the import of eye make-up preparations to Belgium, with an average annual growth rate (CAGR) of approximately 1.82% over the forecast period from 2024 to 2028.
Future trends to watch in the import of eye make-up preparations to Belgium include the impact of evolving consumer preferences towards organic and natural products, potential regulatory changes affecting import policies, and the influence of global economic conditions on consumer spending power. Technologies enabling customization and personalized beauty products may also play a significant role in shaping market dynamics.