In 2023, the UK imported $13.73 million in prepared or preserved swine shoulders and cuts thereof. Forecasts for 2024 to 2028 suggest a gradual decline, with 2028 projected at $13.585 million. Year-on-year, the 2024–2025 period shows a decrease of approximately 0.22%, while the following years continue this trend at about 0.21% annually. The Compound Annual Growth Rate (CAGR) from 2023 to 2028 is a slight negative, continuing the declining trend.
Future trends to watch for:
- Changing consumer preferences towards plant-based diets might further reduce demand.
- Trade policies and regulations impacting import costs and UK-EU trade relations post-Brexit could alter trends.
- Global supply chain disruptions might affect availability and pricing, influencing import volumes.