Between 2013 and 2023, primary oilseeds production in the UK has shown a consistent upward trend. In 2013, production stood at 830.44 thousand metric tons, rising to 1,083 thousand metric tons in 2023. The data documents some fluctuations, such as a notable drop in 2020 followed by a significant recovery in 2021. The year-on-year growth rate varied, indicated by change percentages. For instance, growth peaked in 2021 at 6.86% but slowed to 1.41% in 2023. Over the last five years, the compound annual growth rate (CAGR) was 1.52%.
Future forecasts from 2024 to 2028 project a consistent growth trend, with oilseeds production expected to reach 1,161.7 thousand metric tons by 2028. The predicted five-year CAGR is 1.11%, suggesting a more moderate but stable growth rate.
Future trends to watch include:
- Potential impacts of climate change on crop yields
- Advances in agricultural technology aiming to increase productivity
- Policy changes related to agriculture and environmental sustainability
- Market demand both domestically and internationally
