The import volume of caviar and caviar substitutes to Belgium has shown a fluctuating trend from 2013 to 2023, with significant variations year-on-year. In 2020, there was a notable decrease followed by a recovery trend up to 2023.
The volume increased from 135.4 thousand kilograms in 2013 to 229.13 thousand kilograms in 2023. Year-on-year variations include notable shifts such as a 34.69% increase in 2018, a 30.77% decrease in 2020, and a 13.84% increase in 2023. The last five years show an average annual growth (CAGR) of 4.27%, indicating a steady upward trend in imports.
Future trends to watch for:
- Continued growth in caviar demand suggests potential expansion opportunities.
- Market dynamics such as trade policies and consumer preferences impacting import volumes.
- Improved supply chain efficiencies and sustainability practices.