Forecast: Import of Frozen Fruits and Nuts to Belgium

The import of frozen fruits and nuts to Belgium exhibited varied trends from 2013 to 2023. The actual volume in 2023 stood at 142.3 million kilograms. From 2013 to 2023, the year-on-year variation ranged between -5.14% to 14.53%, indicating periods of both contraction and growth. Over the last two years, the import volume saw moderate growth with a year-on-year increase of 2% in 2023. The compound annual growth rate (CAGR) over the last five years progressively settled at approximately 3.1%, reflecting steady growth albeit at a slower pace in recent years.

Future trends to watch for include continued growth with forecasted imports expected to reach 155.82 million kilograms by 2028, representing a forecast 5-year CAGR of 1.44%. The consistent growth, although slower, with a forecast 5-year growth rate of 7.42%, suggests a stable market with potential new drivers that could influence short-term fluctuations and long-term growth.

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