In 2023, the UK imported approximately 395.6 million kilograms of animal or vegetable fats and oils that were chemically modified. Forecasts from 2024 to 2028 show a year-on-year increase, with projected volumes rising from 412.3 to 478.38 million kilograms. The estimated compound annual growth rate (CAGR) over these five years is around 3.77%, indicating a steady upward trend in imports.

Future trends to watch for include:

Potential changes in UK agricultural policies post-Brexit which could influence import demand.
Global price fluctuations of raw materials affecting import volumes and values.
Environmental regulations driving shifts towards more sustainable sources affecting the composition and quantity of imports.
Technological advancements in alternative fats and oils production methods.