In 2023, the import of frozen beans to the UK stood at approximately 19.971 million kilograms. From 2024 to 2028, forecasts indicate a gradually declining trend in imports, with values decreasing from 19.971 million kilograms in 2024 to 19.762 million kilograms in 2028.
Year-on-year, the import volumes indicate a slight decline of about 0.27% annually from 2024 to 2028. This suggests a consistent but mild reduction in imported volumes. Over the five-year period, the Compound Annual Growth Rate (CAGR) shows a decreasing trend in imports, signaling a modest contraction in demand or shift in sourcing strategies.
Future trends to watch for include potential changes in domestic production capacities, alterations in trade agreements, and evolving consumer preferences towards locally-sourced or alternative protein sources, which could impact import levels dramatically.
