Key Market Indicators
Belgian fish production is projected to maintain a steady output of approximately 223 metric tons by 2028, unchanged from its 2023 level. This stability marks a consistent trend in the country's supply, which has seen a 15% annual increase since 1980. In the global ranking for 2023, Belgium holds the 139th position, with Fiji surpassing it with the same production volume. The leading nations in this sector are Indonesia, India, and Bangladesh, occupying the second, third, and fourth spots respectively. Meanwhile, Belgian fish consumption is on a downward trajectory. By 2028, it is expected to decline to around 42 thousand metric tons from the current 45 thousand metric tons in 2023, reflecting an annual decrease of 1%. This trend has been ongoing since 2019, with Belgian demand dropping at an average rate of 1.2% per year.
