Forecast: Import of Swine Meat to the UK

The forecasted import of swine meat to the UK shows a steady increase from $1.2415 billion in 2024 to $1.2946 billion in 2028. This upward trend represents a series of year-on-year growth rates around 1.1% to 1.2% annually, indicating a moderate but consistent growth trajectory. Assuming the swine meat import value stood at approximately $1.23 billion in 2023, the compound annual growth rate (CAGR) over the next five years is expected to be slightly below 1%.

Future trends to watch for include:

  • Potential trade policy changes post-Brexit that could impact swine meat imports.
  • Shifts in consumer preferences possibly favoring plant-based alternatives which might affect demand.
  • Currency fluctuations and their impact on the cost of imports.

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