Forecast: Import of Shelled Groundnuts to the UK

In 2023, the UK imported shelled groundnuts valued at approximately 135 million USD. Forecasts show a steady year-on-year growth in imports, with values reaching 144.87 million USD by 2028. This represents a compound annual growth rate (CAGR) of about 1.5% from 2024 to 2028. The consistent rise indicates a stable increase in demand for shelled groundnuts in the UK market over the next five years.

Future trends to watch for include:

  • Economic factors impacting purchasing power and consumer demand.
  • Trade agreements and import tariffs that might affect pricing and volume.
  • Shifts in consumer preferences towards healthier snacks possibly bolstering groundnut demand.
  • Supply chain disruptions that could affect the availability and costs of imports.

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