From 2013 to 2023, the export of shelled walnuts from the Netherlands to Belgium has shown a strong upward trend, growing from 224 Metric Tons in 2013 to 1180 Metric Tons in 2023. Notable year-on-year growth periods include 2016 with a 57.55% increase and 2020 with a 17.53% rise. The compound annual growth rate (CAGR) over the last five years up to 2023 stands at 11.22%. Forecasts indicate continued growth, projecting a total of 1520 Metric Tons by 2028 with a forecasted 5-year CAGR of 3.75%, culminating in an overall growth rate of 20.22% from 2024 to 2028.
Future trends to watch for include:
- Potential market saturation impacting growth rates.
- Trade policy changes within the EU that may affect export dynamics.
- Fluctuations in production costs and walnut supply within the Netherlands that could influence export volumes.
