Forecast: Cooked Crustaceans Production in Capture Fisheries in Belgium

The production of cooked crustaceans in capture fisheries in Belgium has shown considerable fluctuations over the past decade. Values fluctuated, reaching a high of 7.41 in 2017 before dropping to a low of 3.48 in 2019. Recent years have seen a modest recovery, with a slight year-on-year decline to 5.42 in 2023. The Compound Annual Growth Rate (CAGR) over the last five years shows a minimal increase of 0.06%, indicating stability in production values going forward.

Future trends to watch for include:

  • Sustainability practices within the fisheries sector.
  • Impact of regulatory changes on capture fisheries.
  • Market demand for crustaceans and potential shifts in consumer preferences.
  • Effects of climate change on marine biodiversity and crustacean habitats.

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