The UK’s barley beer production has shown a declining trend over the past decade. As of 2023, the production stood at 3.3393 million metric tons, reflecting a consistent year-on-year decrease since 2013. Notably, there was a significant dip in 2020 with an 18.92% decline, likely attributed to the global pandemic’s impact. However, 2021 saw a recovery with a 17.69% rise. Nonetheless, the overall trend continues downwards, with an average annual decline (CAGR) of -2.32% over the last five years.
Looking ahead, the forecast from 2024 to 2028 indicates a continued decrease, averaging an annual decline of -2.11%. By 2028, production is expected to fall to 2.9227 million metric tons, representing an overall reduction of 10.12% from the 2023 level.
Future trends to watch for:
- Impact of climatic changes on barley yield and quality.
- Shifts in consumer preferences, possibly towards alternative beverages.
- Economic factors and their influence on production cost.
- Technological innovations in brewing and farming practices.
- Policies and regulations affecting the agricultural and beverage sectors.
