Forecast: Import of Fresh or Chilled Onions and Shallots to the UK

The import of fresh or chilled onions and shallots to the UK is forecasted to steadily increase from 2024 to 2028, demonstrating a gradual upward trend in value from $232.92 million in 2024 to $242.7 million in 2028. In 2023, this value was recorded at approximately $230 million, marking a continuous growth pattern. Year-on-year percentage variation shows incremental growth, averaging at 1-1.2% annually over the forecast period, with a compound annual growth rate (CAGR) of approximately 1% when looking at the forecast through the end of 2028.

Future trends to watch for:

  • Evaluate impacts of international trade policies on import costs and supply chain reliability.
  • Monitor shifts in consumer preferences towards organic or locally sourced produce affecting import demands.
  • Consider economic factors like inflation or currency fluctuations that could influence import expenditure.

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