The import of concentrated unsweetened milk and cream to the UK is forecasted to decrease steadily from 2024 to 2028, declining from 17.021 million kilograms in 2024 to 16.438 million kilograms by 2028. This forecast suggests a gradual reduction in import volumes.
The projected year-on-year decreases are minor, indicating a moderate downward trend in demand or a shift in sourcing strategies. The compound annual growth rate (CAGR) from 2024 to 2028 confirms a consistent decline.
Future trends to watch for include:
- Changes in consumer preferences towards plant-based alternatives.
- Potential impacts of trade agreements and tariffs post-Brexit.
- Economic factors influencing the dairy sector's supply and demand dynamics.
