The forecast for the import of dormant bulbs, tubers, corms, crowns, and rhizomes to the UK from 2024 to 2028 shows a slightly declining trend, with values decreasing from $65.571 million in 2024 to $65.247 million in 2028. This indicates a gradual decline in import value over these five years.
Analyzing the year-on-year percentage change reveals a consistent minuscule decrease each year, with the CAGR suggesting a negligible average annual contraction over the forecast period. It's important to note that the 2023 figures, considered the baseline, would support this trend toward slight decline, assuming the previous year's figures were slightly higher or stable.
Future trends to watch for include potential shifts in global supply chains, which could impact import levels due to economic, environmental, or political influences. Additionally, changes in domestic horticultural practices might affect future import demands for these products in the UK.
