The import values for lard, other pig fat, and poultry fat to the UK show a declining trend from 2024 to 2028. Starting from $17.826 million in 2024, imports are projected to steadily decrease each year, reaching $16.94 million by 2028. Comparing the forecast values to the latest known data from 2023, it suggests a consistent downward trajectory.

Year-on-year, the percentage decline in imports is modest but persistent, which signals a gradual reduction in demand or possible substitution effects from alternative products. The Compound Annual Growth Rate (CAGR) over this five-year forecast period highlights an overall decrease, indicating a structural downturn.

Future trends to watch:
Potential changes in consumer preferences or health trends affecting demand.
Impact of trade policies or tariffs on import volumes.
Advancements in technology or alternatives reducing reliance on traditional fats.