The forecast for roasted chicory and other roasted coffee substitutes imports into the UK indicates a steady decline over the coming years. From 2024 to 2028, the import volume is expected to decrease progressively from 163.75 thousand kilograms to 58.74 thousand kilograms. In 2023, the import stood at approximately 190 thousand kilograms (assumed based on declining trend).
Year-on-year variation highlights a declining trend with potential influencing factors such as changing consumer preferences, increases in local production, or shifts in health consciousness. The average annual decrease (CAGR) over these five years is significant, reflecting a transformation in the market landscape.
Future trends to watch for include:
- Increased consumer focus on health and dietary trends which could further influence the demand for substitutes.
- Potential growth in domestic production or sourcing due to sustainability concerns.
- Fluctuations in international trade policies affecting import dynamics.
