In 2023, the volume of pulses export from the United Kingdom was at a certain baseline level, against which the years 2024 to 2028 are forecasted. The forecast indicates a steady decline in export volumes from 217.0 to 193.0 thousand metric tons over this period, marking a consistent year-on-year decrease of approximately 2.8% each year. This downward trend reflects a Compound Annual Growth Rate (CAGR) of around -2.8% across the five years.
Future trends to watch for:
- Potential impacts of changing domestic agricultural policies and trade agreements post-Brexit.
- Shifts in global demand and competitive sourcing, notably from emerging markets.
- Environmental sustainability concerns potentially impacting farming practices and export capabilities.