The projected demand for cassava in Belgium from 2024 to 2028 remains at 5.0 Thousand Metric Tons annually. This data suggests no year-on-year growth. In 2023, the actual demand stood at 5.0 Thousand Metric Tons, indicating a stagnant trend with no percentage change observed both yearly and over a two-year period. Consequently, the Compound Annual Growth Rate (CAGR) over the past five years is 0%, reflecting consistent stability in demand.
Future trends to watch for:
- Potential shifts in consumer preferences towards or away from cassava-based products.
- Market influences such as changes in trade policies or import duties.
- Innovations in cassava processing and product diversification.
- Influence of health and diet trends on cassava consumption.