The UK is expected to see a consistent annual increase in the import of prepared or preserved olives, with forecasts showing growth from 2024 to 2028. In 2023, the import volume stood at approximately 31.8 million kilograms. The projected imports for 2024 are 32.252 million kilograms, marking the beginning of a steady upward trend. Year-on-year growth rates show modest but consistent increases in the import volume: 1.37% in 2025, 1.31% in 2026, 1.27% in 2027, and 1.23% in 2028. The compound annual growth rate (CAGR) from 2024-2028 reflects this trend with an average annual growth rate of around 1.30%.

Future trends to watch:

Potential impact of trade agreements and political factors on import volumes and sourcing countries.
Shifts in consumer preferences towards olive consumption influencing import volumes.
Possible fluctuations in global olive production affecting UK import dynamics.
Changes in retail price points influencing demand levels.