In 2023, the actual import value of refined canola, rape, colza, or mustard oil fractions to the UK stood at $74.5 million. Forecasts for 2024 to 2028 show a gradual decline in import value, starting at $74.467 million in 2024 and decreasing to $73.975 million by 2028. The year-on-year percentage decrease from 2024 to 2028 is subtle, indicating a slightly downward trend over this period.

Future trends to watch for include:

Potential changes in UK trade policies post-Brexit, which might impact import tariffs and supply chain dynamics.
Fluctuations in global commodity prices for oil seed products that could affect import levels.
Shift towards domestic production or alternative oils driven by sustainability and health considerations.