Pistachio Market Overview in Belgium
The revenue of the pistachio market in Belgium amounted to $3.2M in 2010, increasing by 2.5% 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). The market value increased at an average annual rate of +2.5% from 2007 to 2010; the trend pattern remained consistent, with only minor fluctuations over the period under review. The most prominent rate of growth was recorded in 2008 when the market value increased by 2.5% y-o-y. Over the period under review, the pistachio market reached its maximum level in 2010 and is expected to retain its growth in the immediate term.