Wholemeal bread flour production in the UK has seen a steady decline from 2013 to 2023, dropping from 319.4 thousand metric tons to 165.3 thousand metric tons, with year-on-year variations predominantly negative except for a few fluctuations. The most notable decline occurred in 2019 with a significant drop of 30.66%. Recent years continue to show a decreasing trend with minor variations as observed in 2020 and 2021 which saw slight increases before continuing their downward trajectory.
From 2024 onward, the forecast data suggest a continued decline, with the production expected to reach 127.01 thousand metric tons by 2028. The forecasted Compound Annual Growth Rate (CAGR) for the next five years is -4.17%, indicating an average annual decrease in production.
Future trends to watch for:
- Potential shifts in consumer preferences towards other grain types or flour alternatives.
- Impact of policy changes related to agriculture and food production in the UK.
- Technological advancements in production processes that might affect efficiency and output.
- Global market influences including trade policies, export demands, and overall international market health.