Forecast: Whole Fresh Shellfish Production in Capture Fisheries in Belgium

Whole Fresh Shellfish Production in Capture Fisheries in Belgium has shown notable fluctuations over the past decade. In 2023, production stood at 1.95 Thousand Metric Tons. Over the years, there have been significant volatility with notable year-on-year variations such as the 70.86% increase in 2022 and the -27.83% decrease in 2023. The five-year CAGR ending in 2023 was 3.89%, reflecting moderate growth despite short-term fluctuations.

Looking forward, the forecast suggests more stable growth with a projected five-year CAGR of 1.4% from 2024 to 2028. By 2028, production is expected to reach 2.13 Thousand Metric Tons, indicating a steady upward trend and a total forecasted growth rate of 7.2% over five years.

Future trends to watch for include potential impacts from environmental changes, shifts in consumer demand, and regulatory changes which could affect capture rates and production volumes. Monitoring technological advancements in fishing techniques and aquaculture integration could also provide insights into future productivity and sustainability.

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