The import volume of milk and cream with fat content exceeding 6% to the UK is set to decline from 2024 to 2028, from approximately 23.979 million kilograms in 2024 to 21.148 million kilograms in 2028. This represents a noticeable downward trend with an average annual decrease, or Compound Annual Growth Rate (CAGR), over the five-year period. Given the value from 2023 was 24.732 million kilograms, this decline is consistent with a broader downward trajectory in recent years.
Looking forward, key trends to watch include potential shifts in domestic production capacity, changes in consumer preferences towards lower-fat alternatives, and international trade agreements that could affect import tariffs and costs. These factors could either mitigate or exacerbate the forecasted decline in imports.
