The import of cashew nuts to Belgium has demonstrated a steady growth trend from 2024 to 2028, with volumes expressed in million kilograms. The forecasted figures are 14.819 for 2024, progressively increasing each year to reach 16.659 by 2028. This aligns with a consistent upward trajectory seen in previous years up to 2023.
The year-on-year variation indicates a gradual increase:
- 2024-2025: 3.20%
- 2025-2026: 3.03%
- 2026-2027: 2.90%
- 2027-2028: 2.75%
Over the last two years, the percentage variations reveal a positive trend, suggesting increasing demand. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 averages at approximately 3.0% per year, underscoring a favorable growth momentum.
Future trends to watch for include potential impacts of climate change on cashew production regions, shifts in global trade policies, and evolving consumer preferences toward healthier snacks, which might further influence cashew nut imports to Belgium.