The historical data indicates a steady decline in the value of grape juice exports from Sweden to the UK from 2013 to 2023, with minor fluctuations. Exports peaked in 2013 at $1.3 million and steadily dropped to $0.446 million by 2023. Key year-on-year variations include significant declines in 2015, 2016, and 2019, with respective percentage drops of 36.66%, 22.18%, and 33.28%. However, there were minor upticks in 2017, 2020, and 2021. The compound annual growth rate (CAGR) over the last five years shows an average annual decrease of 7.4%. Forecast data suggests this declining trend will continue, with an expected decline of 12.93% by 2028 and a forecasted five-year CAGR of -2.73%.
Future trends to watch for:
- Changes in UK import policies post-Brexit
- Fluctuations in global grape juice market prices
- The impact of sustainability practices on export quantities
- Consumer preferences shift towards fresh juices or alternative beverages
