From 2013 to 2023, Belgium’s frozen vegetables production witnessed a growth trajectory with some fluctuations. In 2023, the volume stood at 1.6637 Billion Kilograms. Between 2013 and 2023, annual variation rates fluctuated, with notable peaks in 2017 (+14.82%) and 2022 (+18.28%). While there were significant drops in 2016 (-0.023%) and 2020 (-12.96%), the five-year CAGR up to 2023 was +1.11%.
Future trends to watch for:
- Projected steady growth with a five-year forecast CAGR of 1.82% from 2024 to 2028.
- Expectation of gradual increases amid global demand, climate impacts, and technological advancements in production.