Forecast: Whole Fresh Molluscs Production in Capture Fisheries in Belgium

The value of whole fresh molluscs production in capture fisheries in Belgium has experienced fluctuation over the past decade. The actual data for 2023 shows a value of 4.19 thousand euros per metric ton. Observing year-on-year variations, the sector has seen positive growth periods, such as in 2014 (18.2%) and 2022 (31.27%), contrasted by negative trends, notably in 2019 (-20.46%) and 2020 (-17.77%). The CAGR for the past five years stands at 1.57%, indicating moderate growth. Forecast data suggests a continuation of this positive trend, with a projected CAGR of 2.92% leading to a 15.49% increase by 2028.

Future trends to monitor include:

  • Adoption of sustainable fishing practices that can influence production volumes and value.
  • Market demand fluctuations influenced by consumer trends and global economic conditions.
  • The impact of climate change on marine ecosystems affecting mollusc populations.
  • Technological advancements in capture fisheries that can improve yield and efficiency.

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