Forecast: Rapeseed Oil and Mustard Oil Import Volume in United Kingdom of Great Britain and Northern Ireland

The forecasted import volume of rapeseed oil and mustard oil in the United Kingdom shows a downward trend from 2024 to 2028. Starting from 75 thousand metric tons in 2024, the volume is expected to decrease annually, reaching 68 thousand metric tons by 2028. This represents a year-on-year decline of approximately 2.66% in 2025 and 2.74% in 2026. The compounded average growth rate (CAGR) over the five years is a decrease of roughly 2.42% per year. In 2023, the import volume was slightly higher, with figures aligning with the initial forecast for 2024.

Future trends to watch for include:

  • Potential changes in global trade policies impacting import costs and volumes.
  • Shifts in domestic agricultural production affecting the need for imports.
  • Consumer demand changes towards these oils, influenced by health trends and dietary shifts.
  • Alternative oil sources that could disrupt or modify the import demands.

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