In 2023, the UK import of fresh or chilled tomatoes amounted to approximately 718 million USD. The forecast for 2024 predicts an increase to 732.26 million USD, highlighting a modest upward trend. Analyzing the 2024 to 2028 forecast, the import value shows a consistent annual growth of around 1% year-on-year, culminating in a predicted value of 758.02 million USD by 2028. Over these five years, the compound annual growth rate (CAGR) stands at approximately 1%.
Future trends to watch for include:
- Impact of Brexit on trade relations and tariff structures.
- Fluctuations in consumer preferences towards locally sourced versus imported produce.
- Potential effects of climate change on tomato production in exporting countries.
- Technological advancements in agriculture enhancing local production capabilities.