The forecast for the re-import of sweetened or flavoured beverage waters to the UK shows a gradual decline from 2024 to 2028. The year-on-year analysis indicates a decrease in volume each year, with the compounded annual growth rate suggesting a consistent annual decrease over these five years. In 2023, the standing volume was a critical benchmark for these forecasts. The expected decline in imports might be a response to changing consumer preferences, shifting towards healthier alternatives or increased local availability of such products.
Future trends to monitor include:
- Changes in UK consumer behavior towards non-sweetened, healthier beverage options.
- The impact of UK trade policies post-Brexit which might influence import costs and volumes.
- Potential environmental regulations affecting the import and production of beverage waters.
- Fluctuations in global supply chain dynamics that could alter the cost-effectiveness of re-imports.