Key Market Indicators
Belgian pasta exports are forecast to hit $380 million by 2026, up from $351 million in 2021. This represents an annual growth rate of 1.3%. Since 2004, supply has grown 4.4% every year on average. In 2021, Belgium was in sixth place in the world rankings, though the US had overtaken it with exports of $351 million. China, South Korea and Thailand were the next three in the rankings. Imports of pasta into Belgium are predicted to reach $286 million by 2026, up from $259 million in 2021. This translates to a year-on-year growth rate of 1.6%. Since 2004, demand has grown by an average of 5.2% each year. In 2021, Belgium was tenth in the global rankings, with Australia ahead on $259 million. Germany, France and the UK came in second, third and fourth.
