The forecast of re-imported whiskies to the UK, with 2023 as the baseline, shows a declining trend from 2024 to 2028, starting at 400.93 thousand kilograms in 2024 and decreasing to 343.18 thousand kilograms in 2028. In 2023, re-import levels were higher than forecasted figures, indicating a consistent year-on-year decline by an average percentage reflecting a negative trend in the market over this period. The compound annual growth rate over these five years underscores a consistent decrease in volume, suggesting declining demand or increased local availability.
Future trends to watch include potential shifts in consumer preferences towards local whiskies, trade policy changes impacting import dynamics, and emerging market competitors which could further influence re-import volumes into the UK. Monitoring these factors is crucial for anticipating potential market shifts.
