The import of non-fresh foliage and branches for bouquets to the UK is projected to continue its gradual increase from 2024 to 2028. In 2023, the value stood at a given benchmark, marking the baseline for comparison. From 2024 onwards, the year-on-year growth percentages suggest a consistent upward trend: 1.65% from 2024 to 2025, followed by 1.58% to 2026, 1.53% to 2027, and 1.48% to 2028. The compound annual growth rate (CAGR) over these five years is approximately 1.56%, reflecting steady growth.
Future trends to watch:
- Increased demand driven by trends favoring sustainable and eco-friendly decor.
- Potential trade policy shifts that could impact import tariffs or restrictions.
- Fluctuations in global supply chains, which could affect pricing and availability.