The import of salted, dried, or smoked meat or offal to the UK is forecasted to decline steadily from 2024 to 2028. In 2024, imports are valued at $718.24 million, decreasing to $632.16 million by 2028. This signifies a clear downward trend with an average annual decline (CAGR) over these years. This forecast follows a consistent pattern of decline, likely influenced by changing consumer preferences, potential regulatory changes, or shifts in global supply and demand dynamics.
Future trends to watch for include:
- Potential changes in trade agreements post-Brexit that could impact import tariffs and regulations.
- Evolving consumer preferences towards plant-based alternatives affecting demand for traditional meat products.
- Global economic conditions that might influence meat production and prices.