From 2013 to 2023, the molasses market size volume per capita in Belgium showed fluctuating trends. Starting at 33.16 kilograms per capita in 2013, it peaked in 2018 at 36.07, before declining each subsequent year. By 2023, the volume stood at 23.23 kilograms per capita, marking a significant downturn over recent years. Year-on-year variations from 2022 to 2023 saw a 4.29% decrease, while between 2021 and 2022, there was a 4.30% decline. Over the last five years, the compound annual growth rate reflects a 6.18% contraction.
Future trends to watch for include potential shifts in consumer preferences, especially towards alternative sweeteners, and any regulatory changes impacting import/export dynamics. Additionally, market recovery efforts and technology-driven efficiencies in production could stabilize or reverse the declining trend.
