The pork market in Belgium experienced fluctuations from 2014 to 2023, with volume peaking in 2016 at 469.0 thousand metric tons before stabilizing below 350 thousand metric tons in subsequent years. As of 2023, the volume stood at 325.0 thousand metric tons, reflecting a slight year-on-year decline of -0.61%. Over the last five years, the compound annual growth rate (CAGR) was -0.56%, indicating a gradual downward trend.
Observing the forecasted data, the market is expected to further decrease, reaching 314.0 thousand metric tons by 2028. This continued decline suggests persistent challenges in the sector. Notably, year-on-year and CAGR variations highlight consistent minor reductions in market volume.
Future trends to watch for include potential impacts of sustainability practices, changes in consumer preferences towards alternative protein sources, and regulatory developments affecting pork production and consumption.
