The Smoked Fish Market in Belgium, measured in kilograms per capita, experienced fluctuations from 2013 to 2023. In 2023, consumption stood at 0.56 kg per capita. A notable decrease occurred between 2013 and 2014, but recovery periods followed, with slight increases and a peak in 2020. The past two years showed a consistent decrease with a 1.75% drop from 2022 to 2023 and a 0% variation from 2021 to 2022, maintaining steady decline. Analyzing the compound annual growth rate over the last five years, there is an average annual decrease of around 0.7%.
Future trends to watch for:
- Increasing consumer interest in sustainability may drive a demand for sustainably-sourced smoked fish.
- Innovation in flavor profiles and health-focused marketing could rejuvenate market interest.
- Economic factors and changing dietary trends will also influence consumption patterns.
