The value added of fishing and aquaculture in Belgium stands at 45.2 million euros in 2023. Observing the data from 2013 to 2023, the sector has experienced significant fluctuations. After notable increases in the early 2010s, particularly a peak in 2016, the value consistently declined from 2017 onwards, with a brief recovery in 2021. The year-on-year variation for 2023 is -1.09%, indicating a slight downturn. Over the last five years, the sector witnessed an average annual decrease (CAGR) of -0.95%.

Future trends to watch for:

Continued moderate decline with a forecasted five-year CAGR of -0.89%, predicting the value to drop to 42.57 million euros by 2028.
Potential impacts of sustainability initiatives and regulatory changes on sector productivity and profitability.
Technological advancements and innovations in aquaculture practices that could influence market dynamics.
Global supply chain developments and their effect on Belgium's fishing and aquaculture industry.