Forecast: Import of Animal,Vegetable Fats and Oils and Cleavage Products to the UK

In 2023, the import value of animal and vegetable fats and oils, including cleavage products, stood at approximately 2.422 billion US dollars. The forecasted trend from 2024 to 2028 shows a consistent annual increase: 2.4448 billion USD in 2024, rising to 2.5308 billion USD by 2028. This represents a stable growth trajectory with a cumulative annual growth rate (CAGR) of roughly 0.8% over five years.

Key future trends to watch for include:

  • Shifts in global agricultural production and supply chain changes impacting prices and availability.
  • Trends in consumption patterns driven by dietary shifts or health trends.
  • Environmental policies affecting production and importation of these goods.

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