The crustaceans market in the Netherlands exhibited varied trends from 2014 to 2023, with notable fluctuations. The market saw a decrease in 2015 by -4.73%, followed by a sharp increase of 16.13% in 2016. There was a decline in 2017 by -5.91%, but the market stabilized in 2018 with no change. A small increase of 0.73% was recorded in 2019. However, 2020 marked a substantial drop of -16.71%, likely influenced by external factors such as the COVID-19 pandemic. The market bounced back in 2021 with a 14.85% rise, followed by steady growth in 2022 and 2023 with increases of 5.6% and 0.3%, respectively.
In 2023, the market volume stood at 52.96 thousand metric tons. The year-on-year variation was 0.3%, while the five-year CAGR was 0.41%.
Looking forward, the forecast from 2024 to 2028 indicates a steady growth pattern with a forecasted 5-year CAGR of 0.27% and an overall growth rate of 1.36%. The market is expected to steadily rise from 52.96 thousand metric tons in 2024 to 53.68 thousand metric tons by 2028.
Future trends to watch include:
- Impact of environmental regulations on fishing and aquaculture practices.
- Consumer preferences shifting towards sustainability and traceability.
- Technological advancements in aquaculture and supply chain management.
- Economic factors such as inflation and trade policies affecting import-export dynamics.
