In 2023, the import volume of chicory plant bulbs, tubers, and corms to the UK was significantly higher than the forecasted 2024 value of 6.4109 million. Over the next five years, a consistent downward trend is observed with declines in import values: 2025 sees a 25.3% reduction from 2024; 2026 experiences a 33.2% drop from 2025; 2027 shows a 48.7% decrease compared to 2026; and 2028 anticipates a drastic 93% fall from 2027. The compound annual growth rate (CAGR) projects an average yearly decline of approximately 56.9% during this period.
Future trends to watch include:
- Shifts in consumer preferences towards alternative crops.
- Potential policy changes affecting international trade.
- Developments in UK domestic production capabilities that may further reduce reliance on imports.