In 2023, the re-import of protein concentrates and textured protein substances to the UK was recorded at approximately 16.48 thousand kilograms. From 2024, a gradual decline is forecasted, leading to an estimation of 15.97 thousand kilograms by 2028. This sequence indicates a year-on-year decrease averaging around 0.61% over the forecasted period, reflecting a consistent downward trend across these years. The compound annual growth rate (CAGR) over the five-year period shows a negative growth, emphasizing a steady reduction in volume.
Future trends to watch for include potential changes in consumer preferences towards plant-based proteins, shifts in trade policies, and innovations in alternative protein sources, all of which could influence re-import volumes.
