Between 2014 and 2023, Belgium's freshwater fish production has witnessed a significant decline from 500.0 metric tons in 2014 to 300.0 metric tons in 2023. The year-on-year variations highlight considerable fluctuations, with notable drops in 2015, 2016, and 2020, while some recovery was observed in 2021 and 2022. Despite a momentary growth in 2017 and stabilization in 2018, the sector has faced a general downward trend. In 2023, the year-on-year decrease was 3.23%, continuing the negative trajectory with a five-year CAGR of -3.58%.
Forecasts indicate continued decline, projecting a decrease to 250.0 metric tons by 2028 at a forecasted CAGR of -3.04%, translating to a cumulative reduction of 14.32% over the next five years.
Future trends to watch for:
- Technological advancements in aquaculture for efficiency improvements.
- Environmental policies impacting water quality and fish habitats.
- Market demand shifts due to changing consumer preferences.
