Demand for olive oil in Belgium remained steady from 2014 to 2023, with a slight increase in 2016 where the consumption rose to 15,000 metric tons, an increase of 7.14% compared to 2015. Since then, it has remained consistent at 15.0 thousand metric tons through 2023. The year-on-year growth rate has been 0% from 2017 to 2023. The compound annual growth rate (CAGR) over the last five years is also 0%, indicating stable demand during this period. The forecast suggests that this stability will continue through 2028.

Future trends to watch for:

Potential changes in dietary preferences that could affect olive oil consumption.
Market developments such as price fluctuations or availability of substitutes.
Economic factors and health trends promoting or discouraging olive oil consumption.