In 2023, the import volume of margarine and reduced and low-fat spreads to the UK stood at 91.735 million kilograms. The forecast for 2024 shows an import volume of 94.953 million kilograms, increasing to 108.82 million kilograms by 2028. Year-on-year growth is projected at approximately 3.77% on average. Over the last two years, the market demonstrated a stable increase in import volume with the five-year compound annual growth rate (CAGR) revealing a steady upward trend.
Future trends to watch include shifting consumer preferences towards healthier spreads, the impact of global supply chain disruptions on import flows, and potential regulatory changes in the UK that could affect food imports.
