Belgium's agricultural raw material imports have shown variability over recent years, with values fluctuating between 1.05 and 1.24 units of goods exports from 2013 to 2023. In 2023, imports stood at 1.02 units, reflecting a 5.15% year-on-year increase. However, over the past five years, the CAGR has been -1.17%, indicating a general decline.

The forecast from 2024 to 2028 predicts relatively stable imports, hovering around 1.01 to 1.02 units. The forecasted 5-year CAGR is -0.11%, showing minimal change, and an overall 5-year growth rate of -0.53%, suggesting potential market stabilization.

Future trends to watch for include:

Potential policy changes affecting trade tariffs and agricultural import regulations.
Shifts in global commodity prices that could impact import volumes and values.
Technological advancements in agriculture that may alter domestic production capacities, affecting import needs.