In 2023, the per capita volume for bananas in Belgium stood at 18.25 kilograms. Moving forward, the forecasted data for 2024 to 2028 shows a consistent upward trend. The volume per capita is expected to increase from 18.97 kilograms in 2024 to 22 kilograms in 2028.
Here is the year-on-year variation in percentage:
- 2024: +3.95%
- 2025: +4.11%
- 2026: +3.90%
- 2027: +3.65%
- 2028: +3.43%
The Compound Annual Growth Rate (CAGR) for the 5-year period from 2024 to 2028 is approximately 3.81%. This indicates a steady increase in banana consumption per capita over the forecasted period.
Future trends to watch for include potential impacts from environmental sustainability practices, fluctuations in import tariffs, and changes in consumer preferences towards organic and fair-trade products. Monitoring these factors will be crucial for making accurate market predictions and strategic decisions.
