| Product Code: ETC4675751 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Despite a decline in the growth rate of Belgium`s sardine import shipments in 2024, the market continues to be dominated by top exporters including Portugal, Morocco, and Metropolitan France. The high concentration of the Herfindahl-Hirschman Index (HHI) indicates a competitive market landscape. With a negative compound annual growth rate (CAGR) from 2020 to 2024 and a significant decrease in growth rate from 2023 to 2024, there may be challenges ahead for the sardine import market in Belgium. Monitoring trends and exploring potential strategies for growth will be crucial for stakeholders in the industry.

By 2027, Belgium's Sardine market is forecasted to achieve a stable growth rate of 3.54%, with Germany leading the Europe region, followed by United Kingdom, France, Italy and Russia.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Belgium Sardine Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Sardine Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Sardine Market - Industry Life Cycle |
3.4 Belgium Sardine Market - Porter's Five Forces |
3.5 Belgium Sardine Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Belgium Sardine Market Revenues & Volume Share, By Species, 2021 & 2031F |
3.7 Belgium Sardine Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
3.8 Belgium Sardine Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Belgium Sardine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Belgium Sardine Market Trends |
6 Belgium Sardine Market Segmentations |
6.1 Belgium Sardine Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Belgium Sardine Market Revenues & Volume, By Fresh Sardine, 2021-2031F |
6.1.3 Belgium Sardine Market Revenues & Volume, By Frozen Sardine, 2021-2031F |
6.1.4 Belgium Sardine Market Revenues & Volume, By Canned Sardine, 2021-2031F |
6.1.5 Belgium Sardine Market Revenues & Volume, By Sardine Meals, 2021-2031F |
6.2 Belgium Sardine Market, By Species |
6.2.1 Overview and Analysis |
6.2.2 Belgium Sardine Market Revenues & Volume, By Sardinops Caeruleus, 2021-2031F |
6.2.3 Belgium Sardine Market Revenues & Volume, By Sardinella Longiceps, 2021-2031F |
6.2.4 Belgium Sardine Market Revenues & Volume, By Sardinella Gibbosa, 2021-2031F |
6.2.5 Belgium Sardine Market Revenues & Volume, By Sardinella Aurita, 2021-2031F |
6.2.6 Belgium Sardine Market Revenues & Volume, By Sardina Pilchardus, 2021-2031F |
6.2.7 Belgium Sardine Market Revenues & Volume, By Others, 2021-2031F |
6.3 Belgium Sardine Market, By End-Use |
6.3.1 Overview and Analysis |
6.3.2 Belgium Sardine Market Revenues & Volume, By Food Processing, 2021-2031F |
6.3.3 Belgium Sardine Market Revenues & Volume, By Animal Feed, 2021-2031F |
6.3.4 Belgium Sardine Market Revenues & Volume, By Dietary Supplements, 2021-2031F |
6.3.5 Belgium Sardine Market Revenues & Volume, By Others, 2021-2031F |
6.4 Belgium Sardine Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Belgium Sardine Market Revenues & Volume, By Direct Sales, 2021-2031F |
6.4.3 Belgium Sardine Market Revenues & Volume, By Indirect Sales, 2021-2031F |
7 Belgium Sardine Market Import-Export Trade Statistics |
7.1 Belgium Sardine Market Export to Major Countries |
7.2 Belgium Sardine Market Imports from Major Countries |
8 Belgium Sardine Market Key Performance Indicators |
9 Belgium Sardine Market - Opportunity Assessment |
9.1 Belgium Sardine Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Belgium Sardine Market Opportunity Assessment, By Species, 2021 & 2031F |
9.3 Belgium Sardine Market Opportunity Assessment, By End-Use, 2021 & 2031F |
9.4 Belgium Sardine Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Belgium Sardine Market - Competitive Landscape |
10.1 Belgium Sardine Market Revenue Share, By Companies, 2024 |
10.2 Belgium Sardine Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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