Seafood Market Size Volume Per Capita in Belgium

Analyzing the seafood market size volume per capita in Belgium from 2012 to 2022 reveals a fluctuating trend. Starting at 10.13% kilograms per capita in 2012, the value exhibited volatility with a general declining trend, landing at 9% in 2022. The sharpest annual declines occurred in 2015 with a decrease of 8.9% and in 2017 with a fall of 7.3%. Notably, there was a small recovery phase seen between 2017 and 2021, culminating in a 2.1% increase in 2021 before slightly decreasing to 9% in 2022.

In 2023, the value stood at 9.2% kilograms per capita, marking an incremental 2.2% rise from the previous year. Analyzing the last two years, the year-on-year variation shows a minor upward trend at an average of 1.85%. The compounded annual growth rate (CAGR) over the last five years presents a relatively stable market, with an average annual growth of -0.61%, indicating a marginal decrease per year.

Future trends to watch for include the possible impact of increased sustainability concerns, evolving consumer preferences towards healthy and eco-friendly seafood options, and potential regulatory changes affecting seafood supply chains. Monitoring these factors will be essential to understanding market dynamics and anticipating shifts in per capita consumption.