Between 2013 and 2023, the volume of shelled hazelnuts exported to Belgium by the Netherlands showed significant fluctuations. The highest growth was observed in 2019 with a 56.18% year-on-year increase, while the most substantial decline occurred in 2016 with a 31.28% drop. By 2023, the volume stood at 467 metric tons, reflecting a marginal decrease compared to the previous two years (-0.64% year-on-year in 2023 and -0.84% in 2022). Over the last five-year period ending in 2023, the CAGR was relatively flat at 0.26%. Looking forward, however, the forecasted data suggests a slight decline with a projected 5-year CAGR of -0.57% by 2028.
Future trends to watch for include potential shifts in demand for hazelnut-based products in Belgium, changing trade policies between the Netherlands and Belgium, and global market dynamics affecting hazelnut production and prices. Furthermore, consumer preferences and health trends may influence export volumes. Monitoring these factors will provide deeper insights into the future trajectory of shelled hazelnut exports from the Netherlands to Belgium.
