The import of caviar (sturgeon roe) to Belgium demonstrates significant fluctuations over the years. From a starting point of 9.3 thousand kilograms in 2013, imports exhibited substantial year-on-year variation. The year 2014 saw an impressive 104.3% increase, yet the following years were marked by inconsistencies, with both sharp rises and notable declines. By 2019, imports peaked at 43.7 thousand kilograms. Recent data reveals a decline to 23.65 thousand kilograms in 2022 from a previous high, indicating volatility. In 2023, imports slightly rebounded to 25.23 thousand kilograms. Over the past five years, the Compound Annual Growth Rate (CAGR) has been -1.56%, suggesting a minor overall decrease recently. Going forward, forecasts predict a gradual increase, with a CAGR of 1.63% and a total growth rate of 8.43% by 2028.
Future trends to watch for include potential impacts of international trade agreements, sustainability practices in caviar production, and shifting consumer preferences towards ethical and sustainable options. Additionally, economic conditions, both globally and within Belgium, will play a crucial role in influencing import volumes.
