The forecast for the UK import of cereal flours shows a gradual increase from 2024 to 2028, with imports rising from 51.345 million kilograms to 57.758 million kilograms. In 2023, the import stood at an undisclosed amount, but the forecast suggests a continual growth trajectory. The year-on-year increase is steady, suggesting a growth rate close to 3% annually when accounting for compounding effects.
Future trends to watch include:
- The impact of global supply chain fluctuations, which could influence import volumes.
- Changes in consumer preferences towards gluten-free and health-conscious products, potentially affecting demand for traditional cereal flours.
- Trade policies post-Brexit, which may alter import dynamics and cost structure.