The per capita consumption of wheat groats and meal in Belgium has shown a decline from 4.88 kg in 2013 to 3.92 kg in 2023. The market experienced fluctuations, with a peak in 2016 at 5.26 kg and a general downward trend from 2017 onwards. Notably, from 2022 to 2023, the volume per capita fell by about 1%. The Compound Annual Growth Rate (CAGR) from 2018 to 2023 is approximately -2.5%, indicating a consistent decrease in consumption.
Looking ahead, watch for:
- The impact of health trends favoring alternative grains, potentially reducing wheat groats demand further.
- Policy changes or subsidies affecting wheat production and prices.
- Potential shifts in consumer preferences or economic factors influencing affordability and consumption patterns.