In 2023, the import value of dried shelled peas to the UK stood at 31.2 million USD. From 2024 to 2028, imports are forecasted to grow incrementally, reaching 34.107 million USD. This indicates a steady year-on-year growth, averaging around 1.73% annually over the 5-year period. The uptick from 2023 to 2024 is 1.1%, showcasing a consistent upward trend in demand.
Future trends to watch for:
- Influence of agricultural policies and trade agreements impacting pea imports.
- Economic conditions and currency fluctuations that may affect import costs.
- Shifts in consumer preferences towards plant-based proteins, potentially increasing demand.
- Global production changes due to climate impacts affecting supply routes.