In 2023, the import value of roasted and not decaffeinated coffee to the UK stood at roughly $590 million. The forecast anticipates steady growth over the next five years, reaching approximately $700 million by 2028. Year-on-year increases of around 3% to 4% suggest a consistent market demand. This trend is underscored by a projected five-year compound annual growth rate (CAGR) of 3.2%, indicating solid medium-term growth prospects.
Future trends to watch for:
- Rising consumer preference for premium, ethically sourced coffee.
- Potential market disruptions from economic factors like currency fluctuations.
- Impact of global trade policies on import costs and supply chain efficiency.
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