Forecast: Import of Bovine, Sheep and Goat Fats to the UK

The forecasted import of bovine, sheep, and goat fats to the UK for 2024 is 41.15 million kilograms, an increase from the previous year's actual import level. The projections suggest a steady growth in imports, with values rising to 43.098 million kilograms by 2028. The year-on-year growth rates from 2024 to 2028 indicate a consistent upward trend. The compound annual growth rate (CAGR) over this five-year period reflects stable market demand.

Future trends to watch for:

  • Potential changes in trade policies due to political factors could impact import volumes.
  • Fluctuations in domestic consumption patterns of bovine, sheep, and goat fats.
  • Adjustments in sourcing strategies by key market players responding to sustainability and environmental considerations.

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