In 2023, the import volume of fish body oil in the United Kingdom was recorded at 23.07 thousand metric tons. Forecasts indicate a steady upward trend from 2024 to 2028, with volumes expected to grow from 23.69 thousand metric tons to 26.16 thousand metric tons. This trend suggests an average Compound Annual Growth Rate (CAGR) of approximately 2.5% over the forecasted five-year period. The year-on-year growth rates reflect a gradual increase, averaging over 2% annually.
Looking forward, key trends to watch include:
- Shifts in consumer demand driven by health and wellness trends.
- Potential regulatory changes affecting import dynamics.
- Fluctuations in global fish oil supply due to environmental factors.
