The projected import of milk and cream with a fat content not exceeding 1% in immediate packings of net content not exceeding 2 liters into the UK shows a steady decline from 2024 to 2028. The volume imported in 2023 was 14.5 million kilograms. Year-on-year, there is a consistent decline between 3.4% and 3.9%, and over the five years, the compound annual growth rate (CAGR) reflects a reduction trend of approximately 3.8% annually.
Future trends to watch for include:
- Changes in dairy consumption patterns, driven by health trends and dietary shifts.
- The impact of post-Brexit trade agreements on import dynamics.
- Potential innovation and competition from plant-based milk alternatives.
- The economic implications of international dairy price fluctuations.
