The forecast data indicates a steady increase in the import of turmeric to the UK from 2024 to 2028, stepping from 8.4164 million kilograms in 2024 to 9.5292 million kilograms in 2028. In 2023, the import volume was slightly lower, setting the baseline of the forecast's upward trajectory. The year-on-year growth for 2024-2028 suggests a consistent annual increase of approximately 3.6%. Over five years, the compound annual growth rate (CAGR) is anticipated to convey a moderate yet progressive growth trend in turmeric imports.
Future trends to watch for:
- Potential impact of global trade policies on import volumes
- Changes in consumer preferences towards natural and organic products
- Influence of health and wellness trends on turmeric demand
- Fluctuations in global supply chain dynamics
- Impact of UK's economic climate on import expenses
