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.