Forecast: Import of Fresh Foliage, Branches for Bouquets to the UK

The import of fresh foliage and branches for bouquets to the UK has seen fluctuations over the last decade. Starting with a notable peak in 2013, the volume decreased substantially in 2016, reflecting a significant 45.44% year-on-year drop. However, following years have shown sporadic recovery and stabilization from 2017 onwards. By 2023, the volume stands at 14.774 million kilograms. The last two years witnessed modest year-on-year growth, averaging around 1.3%, demonstrating a slow but steady upward trend. The five-year compound annual growth rate (CAGR) also reflects a subtle increase, indicating stabilized demand in recent years.

The forecast from 2024 to 2028 predicts a gradual yet consistent rise in imported foliage volume, with a projected CAGR of 0.91% and an overall growth rate of 4.66%, suggesting a positive trend in the market. Future trends to watch for include shifts in consumer preferences towards sustainable and locally sourced foliage, potential impacts from trade policies, and the effect of economic conditions on the purchasing power and demand for decorative plants.

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