Nuts Market in Belgium
In value terms, nuts production reduced sharply to $ in estimated in export prices. The total output value increased at an average annual rate of +% over the period from 2007 to ; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2010 when the production volume increased by % year-to-year. Nuts production peaked at $ in 2015; however, from 2016 to , production failed to regain the momentum.
The revenue of the nuts market in Belgium expanded remarkably to $ in , surging 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). Over the period under review, consumption, however, continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2010 with an increase of % against the previous year. Nuts consumption peaked in and is likely to continue growth in the immediate term.