The forecast for fresh seafood production in capture fisheries in Belgium indicates a steady upward trend from 2024 to 2028, with values rising from 5.58 thousand Euros per metric ton in 2024 to 5.99 thousand Euros per metric ton in 2028. This represents a consistent year-on-year increase, averaging around 1.8% to 2% annually. Historical data for 2023, which is the baseline for these values, should be used to calculate precise year-on-year variations and CAGR metrics. Over the last two years, this suggests a positive trend within the industry, reflecting stability and potential for growth.
Trends over a longer period highlight incremental annual increases, suggesting robust industry health and resilience. Additionally, the consistent annual growth indicates strategic improvements, perhaps in technology, sustainability, or efficiency within Belgian capture fisheries.
Future trends to watch for:
- Technological advancements in fishing and processing.
- Sustainability initiatives impacting production efficiency.
- Market demand shifts influenced by consumer preferences and regulatory changes.
- Potential impacts of climate change on seafood availability.
