The data indicates a steady growth in the import volume of processed and preserved poultry meat to the UK. In 2023, the actual import volume was recorded, forming the base for the forecasted values for 2024 through 2028. From 2024's forecast of 473.14 million kg, the volume is expected to incrementally rise each year, reaching 493.43 million kg by 2028. The year-on-year growth highlights a modest yet consistent increase, suggesting a stable market demand. The five-year compound annual growth rate (CAGR) offers insight into the sustained yearly expansion within this sector.
Future trends to watch for:
- Potential market shifts due to changes in consumer preferences for plant-based proteins.
- Impacts of trade agreements or tariffs on poultry import costs.
- Technological advancements in meat processing which may influence import volumes.