The processed herrings market in Belgium has shown steady growth from 2013 to 2023, reaching a volume of 5.7805 million kilograms in 2023. This represents an average annual growth rate (CAGR) of 3.11% over the last five years. In recent years, the market saw a moderate year-on-year growth of 2.25% in 2022 and 2.49% in 2023. The period between 2017 and 2020 experienced higher growth rates, reflecting a spike in demand or shifts in consumer preferences.
Future trends to watch for include:
- Continued health and sustainability focus impacting seafood consumption.
- Potential shifts in consumer preference influencing market dynamics.
- Economic factors and supply chain developments affecting pricing and availability.
- Innovations in packaging and preservation enhancing product attractiveness.
| # | 5 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 114,390,000 | 2023 | +0.64% | +1.03% | View data |
| 2 | 2 Germany | 73,850,000 | 2023 | -2.74% | +4.35% | View data |
| 3 | 3 Belgium | 5,780,500 | 2023 | +2.49% | +3.11% | |
| 4 | 4 Romania | 4,583,200 | 2023 | +3.47% | +9.96% | View data |
| 5 | 5 Latvia | 4,266,000 | 2023 | +2.06% | +2.14% | View data |
