The forecasted import value of prepared or preserved salmon into the UK shows a declining trend from 2024 to 2028. In 2024, imports are expected to be valued at $72.079 million, decreasing to $60.625 million by 2028. With a year-on-year decrease of approximately 4%, the Compound Annual Growth Rate (CAGR) over these five years is a decline of about 3.3%. Compared to 2023, where imports stood at $75.0 million, a declining pattern is evident.
Future trends to watch for include:
- Potential impact of consumer preferences shifting towards fresh over preserved salmon.
- Geopolitical factors affecting trade agreements and tariffs between the UK and salmon exporting countries.
- Sustainability concerns and regulatory changes impacting the supply chain and production costs.
