Flowers production in the UK saw fluctuations from 2013 to 2023, reaching 1.58 Billion Euros in 2023. Year-on-year variations included significant rises and dips: a notable decrease in 2020 (-6.27%) due to pandemic disruptions, followed by a modest recovery. The 5-year CAGR ending in 2023 was 0.23%. Projecting from 2024 to 2028, the production is expected to grow steadily, with a forecasted CAGR of 0.96% and a total growth rate of 4.92% by 2028.
Trends to watch for:
- Sustainable production practices and their impact on output.
- Technological innovations in floriculture.
- Market demand shifts influenced by economic and consumer behavior changes.