Forecast: Import of Fish, Crustaceans, Molluscs and Aquatic Invertebrates to Belgium

Between 2013 and 2023, the import value of fish, crustaceans, molluscs, and aquatic invertebrates to Belgium showed variability, rising from 1.7868 billion USD in 2013 to 1.8208 billion USD in 2023. Key fluctuations included a significant drop in 2015 (-19.14%) and 2020 (-16.06%), but notable recoveries in 2014 (5.42%) and 2021 (15.72%). Overall, the 5-year CAGR from 2019 to 2023 indicates a modest average annual increase of 1.32%.

Future trends suggest a steady growth trajectory through 2028, with a forecasted 5-year CAGR of 0.84% and an anticipated 4.25% total growth by 2028. This indicates that Belgium’s import demand for aquatic products will continue to rise, albeit at a moderate pace.

Future trends to watch for include:

  • Potential impacts of environmental sustainability initiatives on import volumes and values.
  • Changes in global supply chains due to geopolitical factors.
  • Shifts in consumer preferences towards more diverse or sustainable aquatic products.
  • Technological advancements in aquaculture affecting supply and demand dynamics.

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