The forecast for the import of liquorice extract to the UK shows a steady decline over the period from 2024 to 2028. Beginning at 249.64 thousand kilograms in 2024, this volume is expected to decrease by approximately 1.2% year-on-year reaching 224.63 thousand kilograms by 2028. From 2023, the imports are declining consistently, indicating an overall negative Compound Annual Growth Rate over the forecasted period.
Looking ahead, potential factors that could impact these trends include changes in consumer preferences, alterations in trade policies, and fluctuations in the production capacities of major liquorice extract producers globally. Monitoring these elements could provide valuable insights for adjusting future forecasts.
