The forecast for oilseeds direct material inputs in the UK from 2024 to 2028 suggests a slight downward trend. The projected figures indicate a decrease from 2.92 million metric tons in 2024 to 2.83 million metric tons in 2028. In 2023, the actual volume was 2.94 million metric tons. Year-on-year analysis reveals a gradual decline, with each year showing a minor reduction of approximately 0.69% on average. The compound annual growth rate (CAGR) over the upcoming five years is estimated to be slightly negative, highlighting a consistent downward trend in oilseed inputs.
Future trends to watch for include potential shifts in agricultural policies, climate change impact on crop yields, and developments in alternative oils that may influence the demand and supply of oilseeds. Monitoring technological advancements in bioengineering and sustainable farming practices could also affect these trends.
