From 2023, the UK's primary oilseeds gross production is forecasted to decline from its last known value of 212.5 million USD in 2023. The projected year-on-year decreases are approximately 0.4% from 2024 to 2025, 0.37% from 2025 to 2026, 0.35% from 2026 to 2027, and 0.35% from 2027 to 2028, illustrating a consistent decline. The compound annual growth rate (CAGR) over this five-year period is projected to be around -0.35%.
Future trends to observe include the impact of potential policy changes such as subsidies, climate conditions affecting crop yields, and shifts in global demand due to emerging markets or trade dynamics. Monitoring these factors could influence production positively or negatively.
