The import of fresh or chilled poultry cuts and offal to the UK is set to experience a consistent growth trajectory from 2024 to 2028. In 2023, the actual import value stood at a certain amount, with a forecasted steady increase to $951.79 million in 2024, reaching $1,005.9 million by 2028. This reflects a year-on-year growth percentage, indicating a stable demand increase. Over the five-year forecast period, the compound annual growth rate (CAGR) highlights a moderate average annual increase, supporting the trend of steadily rising imports.
Key future trends to watch for include:
- Changes in trade agreements or tariffs that may affect import costs and volumes.
- Consumer preferences shifting towards locally sourced poultry due to sustainability concerns.
- Potential impacts of global poultry supply chain disruptions or disease outbreaks.
- Technological advancements in distribution and storage impacting import volumes and prices.
