In 2023, the UK's yogurt import stood at 143.42 million kilograms. According to the forecast, imports will slowly decline to 142.15 million kilograms by 2028. This indicates a continuous slight reduction over the years, with a minor year-on-year decrease of approximately 0.2% on average. The compound annual growth rate (CAGR) over the five-year forecast period is negative, emphasizing a steady decline in import volumes.
Future trends to watch:
- Changing consumer preferences towards non-dairy alternatives might affect yogurt imports.
- Trade policies post-Brexit might impact import costs and volumes.
- Local production growth could reduce reliance on imports.