The forecast indicates a steady increase in the import of crushed or ground cinnamon and cinnamon-tree flowers to the UK, rising from 2.0441 million kilograms in 2024 to 2.3163 million kilograms in 2028. As of 2023, the actual import stood at approximately 1.98 million kilograms.
The year-on-year growth from 2024 to 2028 averages about 2.5% to 3.2%, with an overall compound annual growth rate (CAGR) of approximately 2.6% over this five-year period. This consistent upward trend reflects a modest yet promising market expansion.
Future trends to watch:
- Growing consumer preference for natural and organic spices might drive market growth.
- Potential trade policy changes post-Brexit could affect import dynamics.
- Continued global supply chain uncertainties may impact import volumes.