Forecast: Import of Partly or Wholly Hydrogenated Vegetable Fats and Oils to the UK

The forecast for imports of partly or wholly hydrogenated vegetable fats and oils to the UK from 2024 to 2028 indicates a decreasing trend in volume. The figures show a steady decline from 31.887 million kilograms in 2024 to 30.032 million kilograms by 2028. This decline represents a year-on-year percentage decrease, highlighting a diminishing demand or shift in market dynamics. From 2024 onwards, this forecast data reflects a compound annual growth rate (CAGR) over these five years, showcasing a negative average annual change.

Key trends and factors to watch:

  • The impact of health trends favoring non-hydrogenated alternatives.
  • Government or regulatory policies restricting hydrogenated fats due to health concerns.
  • Potential shifts towards sustainable and ethically sourced oils affecting consumer preferences.
  • Economic factors influencing trade relations and import tariffs.

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