The UK's exports of biomass for food and feed are projected to grow steadily from 22.81 million metric tons in 2024 to 23.56 million metric tons in 2028. This reflects a consistent annual increase, indicating a healthy upward trajectory in the sector. The compound annual growth rate (CAGR) over these five years is modest but stable. In 2023, exports stood at 22.62 million metric tons, marking the baseline for forecasting future growth.
Future trends to watch for include:
- Technological advancements in biomass processing that could enhance export capacity.
- International trade agreements which may impact the competitive positioning of UK exports.
- Policy changes related to sustainability and environmental regulations affecting biomass production.