In 2023, Belgium imported margarine and similar edible fats amounting to 71.205 million kilograms. The forecasted data from 2024 to 2028 shows a slight year-on-year decline in import volumes:
- 2024: 71.071 million kg (-0.19%)
- 2025: 70.939 million kg (-0.19%)
- 2026: 70.807 million kg (-0.19%)
- 2027: 70.677 million kg (-0.18%)
- 2028: 70.548 million kg (-0.18%)
The Forecast like-for-like variation from 2024 compared to 2022 further indicates a trend of gradual decline with a CAGR of -0.18% over the period from 2024 to 2028.
This decline reflects a stabilized market where consumption might face shifts toward healthier substitutes or market saturation. Watch for trends in consumer preferences, particularly shifts towards plant-based or health-oriented alternatives, and potential economic or policy changes that might affect import volumes.
