The UK's import of dried grapes volume is projected to decrease from 94.134 million kilograms in 2024 to 89.575 million kilograms by 2028. This forecasted decline marks a consistent annual reduction in import volumes, with the year-on-year percentage variation indicating a slow but steady downward trend in demand or supply conditions related to this commodity. The compound annual growth rate (CAGR) reflects a modest average decrease in imports over five years. In 2023, the import stood above 94 million kilograms, confirming a contracting market.
Future trends to watch for:
- Shifts in consumer preferences towards local or alternative dried fruits, impacting import needs.
- Changes in trade policies or tariffs that could affect the cost-benefit analysis of importing dried grapes.
- Potential supply chain disruptions due to geopolitical or environmental factors impacting key supplier regions.