Forecast: Roots and Tubers Trade Balance the UK

In 2023, the UK's trade balance for roots and tubers was lower than the forecasted figures for 2024, marking an upward trend. Forecast data from 2024 to 2028 shows a steady decline in trade balance, from 508.76 to 503.77 thousand metric tons. This represents a gradual year-on-year negative change, with the CAGR over the next five years reflecting a small decline annually. Such trends indicate a slight but continuous drop in trade balance.

Future trends to watch for:

  • Potential shifts in consumer preferences towards alternative carbohydrate sources.
  • Climate change impacts on domestic crop yields.
  • Trade policy changes affecting import-export dynamics.

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