The forecast for the import of almonds in shell to the UK shows a consistent decline from 2024 to 2028. In 2023, the almond import value stood at approximately 2.94 million US dollars. The year-on-year variations are indicative of a gradual decrease, with a decline of approximately 2-3% annually. Over the forecast period, the compound annual growth rate (CAGR) is negative, suggesting an average annual decrease in import value.
Future trends to watch for include:
- Possible influence of climate change affecting almond production globally.
- Currency fluctuations impacting import costs and market dynamics.
- Policy changes or trade agreements that may alter import volumes.
- Shifts in consumer preferences towards other nuts or alternatives due to health trends.