Frozen Vegetables Market Overview in Belgium
In value terms, frozen vegetables production shrank to $ in estimated in export prices. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 with an increase of % y-o-y. Over the period under review, production hit record highs at $ in 2018; however, from 2019 to , production stood at a somewhat lower figure.
The value of the frozen vegetables market in Belgium shrank notably to $ in , declining by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a mild decline. The growth pace was the most rapid in 2011 with an increase of % y-o-y. Over the period under review, the market reached the maximum level at $ in 2018; however, from 2019 to , consumption failed to regain the momentum.