The forecast for the import of brewing or distilling dregs and waste to the UK from 2024 to 2028 shows a consistent increase in volume. In 2023, the import volume stood at approximately 770 million kilograms. This indicates a steady year-on-year growth in forecasted imports: 3.9% from 2024 to 2025, 3.7% from 2025 to 2026, 3.5% from 2026 to 2027, and 3.3% from 2027 to 2028. Over the entire five-year period, the compound annual growth rate (CAGR) is approximately 3.6%, reflecting a gradual upward trend in imports.
Future trends to watch for include:
- Potential shifts in global trade policies impacting the import costs and logistics.
- Changes in domestic brewing and distilling industries affecting supply and demand.
- Environmental policies towards waste management influencing the market dynamics.
- Technological advancements increasing efficiency in waste processing.