The forecasted import of oranges to Belgium shows a consistent decline from 2024 to 2028. The volume is expected to decrease from 96.668 million kilograms in 2024 to 85.452 million kilograms by 2028. This decrease represents a year-on-year percentage drop of approximately 3% from 2024 to 2025, 3% from 2025 to 2026, 3% from 2026 to 2027, and 3% from 2027 to 2028. The compound annual growth rate (CAGR) over the forecasted period is around -3%, indicating a steady annual decrease in imports.
Future trends to watch for include:
- Changes in domestic orange production which may affect import demands.
- Potential alterations in consumer preferences towards alternative fruits.
- Economic factors such as trade policies, tariffs, and exchange rates.
- Climate change impacts on global orange production and supply chains.
