The onions market size in the UK, measured in thousand metric tons, is projected to decline steadily from 496 in 2024 to 468 by 2028. The market in 2023 stood at 503, indicating a consistent downward trend with an approximate year-on-year percentage decrease of about 1.4% annually over the five-year period. The forecast suggests a Compound Annual Growth Rate (CAGR) of approximately -1.4% from 2024 to 2028.
Future trends to watch:
- The impact of climate change on yield and production.
- Fluctuations in consumer demand driven by changing dietary preferences.
- Import dependencies and post-Brexit trade agreements affecting supply chain stability.