The forecasted import of fresh or chilled whole salmon to the UK shows a steady annual growth: $622.58 million in 2024 escalating to $714.07 million by 2028. Given that imports stood at approximately $600 million in 2023, this represents a solid upward trend. The annual growth rate, or CAGR, over these five years is positive, indicating a healthy increase in demand or pricing.
Future trends to watch:
- Global economic conditions impacting salmon prices.
- Sustainability and environmental factors affecting sourcing.
- Local consumer preference shifts influencing imported versus local salmon consumption.
- Trade regulations between the UK and exporting countries.