The forecast for the import of chemically pure sugars to Belgium shows a steady increase from 2024 through 2028, starting at 10.852 million kilograms in 2024 and reaching 12.371 million kilograms in 2028. Compared to actual figures from 2023, which stood at 10.5 million kilograms, the year-on-year growth rate projected for 2024 is approximately 3.34%. Over the last two years leading up to 2024, year-on-year growth was moderate, indicating consistent import demand. The forecasted compound annual growth rate (CAGR) for the five years extending to 2028 is around 3.3%.
Future trends to watch for include potential impacts from trade policies, changes in global sugar prices, and shifts in demand due to health trends and industrial uses of chemically pure sugars. Monitoring these variables will be crucial for anticipating any deviations from the current forecast.
