The forecast for the import of chicory plants, bulbs, and tubers into the UK from 2024 to 2028 shows a steady growth ranging from $42.749 million to $43.642 million. In 2023, imports stood at approximately $42.5 million. The year-on-year growth between 2024 and 2025 is marginal, reflecting a modest increase, while the five-year compound annual growth rate (CAGR) suggests continual, albeit slow, growth.
Future trends to watch for include:
- Potential impacts of trade agreements post-Brexit, which could affect import prices and volumes.
- Evolving food trends that could increase demand for chicory-related products.
- Technological advancements in agriculture which might shift domestic production versus imports.