The forecasted import of smoked herrings to the UK indicates a declining trend over the next five years. The value is expected to decrease from 769.56 thousand USD in 2024 to 738.78 thousand USD by 2028. Comparing year-on-year forecasts, there is an average annual decrease of approximately 1.0-1.1%. This steady decline could suggest reduced demand or increased domestic production.
Future trends to watch for include:
- Changes in consumer preferences towards alternative seafood and plant-based diets.
- Impact of trade policies and tariffs on import costs.
- Variations in global supply chains, particularly from primary herring-producing countries.
- Environmental factors affecting herring supply and seafood sustainability practices.
