The forecast for oilseeds non-food uses in the United Kingdom from 2024 to 2028 predicts a steady consumption of 24.0 Thousand Metric Tons annually. This figure indicates no change from the prior year’s volume recorded for 2023. As a result, the year-on-year variation and the five-year CAGR are 0%, suggesting a stable market without growth in this sector.
Future trends to watch include:
- Potential influences of policy changes regarding biofuels and sustainability targets which could drive demand.
- Technological advancements in bioproducts which may spur new applications out of oilseeds beyond traditional uses.
- Market responses to any changes in trade agreements or tariffs post-Brexit that might affect either supply or demand dynamics.