In 2023, the import value of fresh or chilled Brussels sprouts to the UK stood at a certain figure. The forecast indicates a continuing slight upward trend from 2024 to 2028, with the value increasing from 17.712 million USD to 17.976 million USD. Year-on-year variations show incremental growth, suggesting stability in demand. The average compound annual growth rate (CAGR) over the forecasted period is modest, reflecting consistent, yet minimal, expansion in this market segment.
Future trends to watch for include:
- Potential impacts of trade agreements post-Brexit on tariff rates and import volumes.
- Changing consumer preferences towards locally grown produce which might affect imports.
- Influence of climate change on both local and international Brussels sprout cultivation impacting supply chains.
- Exchange rate fluctuations which could alter the competitive pricing of imports.