In 2023, the import of cocoa shells, husks, skins, and waste to the UK stood at approximately 6.2465 million kilograms. The forecast from 2024 to 2028 indicates a slight but steady annual decrease in import volumes, highlighting a trend of diminishing imports in this category. The year-on-year variation is marginal, with a consistent decline over these forecasted years. The Compound Annual Growth Rate (CAGR) over this five-year period also suggests a gradual reduction in imports.
Future trends to watch for include:
- Potential shifts in UK regulations or policies impacting cocoa product imports.
- Changes in global cocoa production affecting availability and pricing.
- Advancements in waste management and recycling technologies within the UK.
- Increasing sustainability efforts, potentially decreasing the demand for low-quality cocoa byproducts.