The import of hydrogenated or esterified animal or vegetable fats and oils to the UK is projected to decrease steadily from 2024 through 2028. In 2023, the volume stood at approximately 37.668 million kilograms. The year-on-year trend indicates a minor though consistent decline, with the compound annual growth rate (CAGR) for the five-year period showing a negative trend as well. This consistent decrease suggests a shift in demand or potential replacement by alternative sources.
Future trends to watch include the UK's movement toward sustainable and healthier alternatives, developments in the domestic production of similar products, and evolving international trade agreements that could impact import levels.
