In 2023, the import value of beet-pulp, bagasse, and other waste of sugar manufacture to the UK stood at $72.5 million. From 2024 to 2028, a steady increase is forecasted, beginning with $74.982 million in 2024 and reaching $85.731 million by 2028, reflecting a continuous rise in demand or prices for these commodities. Analysts can anticipate an average annual growth rate (CAGR) of about 3.4% over these five years, attributing to broader agribusiness trends and potential supply-chain optimizations.
Future trends to observe include potential disruptions due to trade policy shifts, environmental regulations affecting sugar production, and evolving demand for animal feed and biofuel production alternatives, which could impact the import levels of these by-products to the UK.
