The forecast for malt production value in the UK from 2024 to 2028 indicates a gradual decline. Starting at 609.91 million euros in 2024, it is expected to decrease to 602.81 million euros by 2028. In 2023, the malt production value stood at a stable 611.73 million euros, making the year-on-year variation consistently negative, reflecting a shrinking market. The compounded annual growth rate (CAGR) over this five-year period indicates a small average decline each year.
Future trends to watch for include potential shifts in consumer preferences towards craft beers and malt-based beverages, which could stabilize demand. Additionally, trade agreements and changes in agricultural policies post-Brexit might influence production costs and market access, impacting future values.
