Forecast: Bananas Demand in Belgium

The demand for bananas in Belgium is projected to grow consistently from 219.0 thousand metric tons in 2024 to 255.0 thousand metric tons in 2028, which represents a steady annual increase. Compared to 2023, where the demand stood at 210.0 thousand metric tons, there is an upward trend. The year-on-year growth rates are 4.29%, 3.95%, 3.95%, and 3.66% for 2025, 2026, 2027, and 2028 respectively. Over the last five years, from 2023 to 2028, the compound annual growth rate (CAGR) is estimated to be approximately 3.95%.

Future trends to watch for include potential shifts in consumer preferences towards organic and fair-trade bananas, the impact of weather patterns on banana supply, and changing trade policies within the EU. These factors could influence both the volume and value of banana imports in Belgium.

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