In 2023, the volume of used crop residues imports to the UK stood at approximately 18.13 thousand metric tons. Forecasts for 2024 through 2028 show a gradual decline, as volumes decrease from 17.72 to 16.1 thousand metric tons. Year-on-year variations reveal a steady reduction in imports, highlighting a diminishing trend. Compared to 2023, the projected compound annual growth rate (CAGR) over the next five years indicates a continuous, though moderate, downtrend in import volumes.
Future trends to watch for:
- Impact of sustainability initiatives on crop residue utilization and import needs.
- Technological advancements in domestic biomass production that may decrease reliance on imports.
- Potential shifts in international trade policies affecting residue availability and import costs.