Forecast: Exports of Pure Biodiesels in the UK

The UK's exports of pure biodiesels are expected to continue an upward trajectory from 2024 to 2028. Starting at 319.09 thousand metric tons in 2024, the forecasts predict an increase to 395.95 thousand metric tons by 2028. This represents consistent year-on-year growth, with the compound annual growth rate (CAGR) over this period reflecting a steady rise. As of 2023, actual volumes set the pace for these forward-looking estimates, although specifics of the 2023 value have not been shared here.

Future trends to watch for include:

  • The impact of regulatory changes on biodiesel mandates.
  • Technological advancements in biodiesel production which may improve output efficiencies.
  • Trade dynamics post-Brexit affecting export conditions.
  • Increasing global demand for renewable energy contributing to export growth.

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