Based on the given data, Belgium's fisheries production volume is forecasted to continually decrease from 2024 to 2028. The production stood at 17.50 thousand metric tons in 2023. In 2024, the volume is projected to be 16.99 thousand metric tons, declining by approximately 2.9% from the previous year. This downward trend continues with year-on-year reductions by 3.0% in 2025, 3.1% in 2026, 3.1% in 2027, and 3.2% in 2028. Over the last five years, this yields a compound annual growth rate (CAGR) of -3.0%.
Future trends to watch include the impact of regulatory changes, climate change effects on marine ecosystems, and advances in sustainable fishing practices. Additionally, shifts in consumer demand towards sustainable seafood could further influence production volumes.
