The forecasted data indicates a steadily increasing trend in the import of chicory plant bulbs, tubers, and corms to the UK from 2024 to 2028. In 2023, the import volume stood at approximately 9.5 million kilograms, setting the baseline for subsequent growth. From 2024 to 2025, there is a forecasted growth of 2.33%, followed by a 2.23% increase from 2025 to 2026, a 2.14% increase to 2027, and a 2.05% growth leading into 2028.
Over a five-year span, from 2023 to 2028, the compound annual growth rate (CAGR) is estimated to be around 2.19%. This consistent growth pattern highlights a robust demand for imported chicory products in the UK market.
Trends to watch for include potential impacts of climate change on local production, potential shifts in consumer preferences towards chicory products, and tariff policies affecting import costs. These factors could influence future forecasts and market dynamics beyond 2028.
