The forecast for UK imports of prepared or preserved salmon indicates a downward trend from 2024 through 2028. Beginning with an import volume of 6.6952 million kilograms in 2024, the imports are projected to decline consistently each year, dropping to 4.1482 million kilograms by 2028. In terms of year-on-year variations, the import volume decreases around 10-15% annually. Comparatively, if the import volume held steady in 2023, this suggests a significant contraction over the upcoming years. The Compound Annual Growth Rate (CAGR) over the five-year forecast is negative, indicating an average annual decline.
Future trends to watch include potential shifts in demand for alternative sources of protein amid sustainability efforts and economic changes impacting consumer preferences. Trade agreements and geopolitical factors could also influence the availability and pricing of salmon, impacting import levels.
