In 2023, the import volume of fresh or chilled chicory to the UK was not provided, making it essential to note that the forecasted data from 2024 onwards builds from an unspecified base. The data forecasts a steady annual increase in imports: 2% in 2025, 1.93% in 2026, 1.86% in 2027, and 1.79% in 2028. Over five years, this translates to a Compound Annual Growth Rate (CAGR) of approximately 1.89% in volume.
Future trends to watch for involve:
- Potential changes in consumer preferences towards chicory as a healthy alternative and ingredient in meal preparation.
- Trade agreements or tariffs post-Brexit that might affect chicory imports.
- Environmental policies promoting local production could impact import needs.