This analysis examines the trends in Belgium's freshwater fish export volumes from 2014 to 2028, making use of both actual and forecasted data. In 2023, the export volume stood at 51.44 thousand metric tons. Over the past decade, the sector has experienced fluctuations with periods of growth and decline. Year-on-year changes revealed significant variations; for instance, a notable increase of 4.16% in 2015 and a steep drop of 17.24% in 2020. The volume largely declined from 2017 onwards, with short recoveries.
The compound annual growth rate (CAGR) from 2019 to 2023 is approximately -0.13%, indicating a slight overall decline. The forecast suggests a continued decrease at an average annual rate of -0.22% from 2024 to 2028. This shows a relatively stable but gradually declining trend in freshwater fish export volumes over the coming years.
- Year-on-year variation between 2022 and 2023: -0.27%- Average annual decline (CAGR) over the last five years: -0.13%- Forecasted 5-year growth rate: -1.08%Future trends to watch for include potential impacts of climate change on fish populations, changes in international trade policies, and advances in aquaculture technology that could either hinder or bolster export volumes. These factors could significantly influence the Belgian freshwater fish export market moving forward.
