Forecast: Import of Milk and Cream to the UK

In 2023, the UK imported milk and cream valued at approximately 260 million US dollars. The forecast for 2024 shows an increase to 265.62 million US dollars. From 2025 to 2028, a steady year-on-year growth is projected, with imports reaching 290.98 million US dollars by 2028. On average, the compound annual growth rate (CAGR) over these five years is moderate, reflecting a gradual increase in demand or pricing dynamics.

Future trends to watch for include:

  • Potential tariff changes post-Brexit that may affect import costs.
  • Fluctuations in global milk prices due to supply chain disruptions or climate impacts.
  • Increasing consumer preference for plant-based alternatives possibly slowing growth.

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