In 2023, the UK imported animal feed preparations totaling 651.65 million kilograms. The forecast for 2024 begins at 657.36 million kilograms, with a gradual year-on-year increase anticipated through 2028, culminating at 679.54 million kilograms. This forecast indicates a steady year-over-year growth, reflected in an annual CAGR of approximately 1.18% from 2024 to 2028.
Future trends to watch for include:
- Potential disruptions in global supply chains impacting import volumes.
- Changes in UK agricultural policies following Brexit influencing domestic demand for imports.
- Advancements in animal nutrition technology that could alter feed formulations and import needs.
- Impacts of climate change on domestic agricultural yield, potentially affecting feed import dependency.
