The UK import of chocolate spreads has displayed a steady increase from 17.046 million kilograms in 2013 to 32.421 million kilograms in 2023. From 2018 onward, the imports have seen a moderate but consistent growth year-on-year, with a CAGR of 3.85% over the last five years leading up to 2023. Notably, the import volume stood at 32.421 million kilograms in 2023. Future forecasts indicate a continued upward trend, with an expected import volume of 37.764 million kilograms by 2028 and a forecasted 5-year CAGR of 2.4%, representing a 12.62% growth rate over this period.

Future trends to watch for:

Potential impacts of changes in consumer preferences towards healthier options or alternative spreads.
Possible effects of trade policies and economic factors post-Brexit on import volumes and sources.
Innovations in chocolate spread products and marketing strategies by key players.