Key Market Indicators
Belgian soup exports are on the rise, with the projected 16 million kilograms reaching a 0.7% year-on-year growth rate by 2026. Since 2004, the country has seen a 0.6% year-on-year growth in supply. In 2021, Belgium was ranked 16th, with Japan overtaking the country with 15.4 million kilograms. Canada, Senegal, and Germany ranked 2nd, 3rd, and 4th respectively. Conversely, Belgian soup imports are on the decline, with the projected 34.8 million kilograms falling at a 0.9% year-on-year rate by 2026. Since 2004, the country has seen a 1.2% year-on-year decrease in demand. In 2021, Belgium was ranked 5th, with the United Kingdom overtaking the country with 36.8 million kilograms. The Netherlands, Germany, and the United Kingdom were ranked 2nd, 3rd, and 4th respectively.