As of 2023, the UK imported fresh or chilled potatoes valued at approximately 86 million US Dollars. The forecast for 2024-2028 shows a consistent decline in import value, with figures dropping from 82.081 million in 2024 to 66.433 million in 2028. Year-on-year variation indicates a gradual decline averaging around 5% each year over the next five years, suggesting a compound annual growth rate (CAGR) of approximately -5.1%.
Future trends to watch for include:
- Potential shifts in consumer preferences towards local produce due to sustainability concerns.
- Impact of economic factors such as inflation or trade barriers on import costs.
- Changes in agricultural policies that could affect import volumes or value.
- Technological advances in storage and logistics potentially reducing the need for imports.