The forecasted import of whey and modified whey in liquid or paste forms to the UK is set to increase consistently from 2024 to 2028. Beginning at 978.52 thousand kilograms in 2024, it is projected to reach 1173.4 thousand kilograms by 2028. The year-on-year growth rate indicates a stable upward trend, suggesting increasing demand or dependency.
In 2023, actual imports served as the baseline for these projections, but current forecasts expect noticeable growth year over year. Calculating the Compound Annual Growth Rate (CAGR) implies a robust average growth over the future period.
Future trends to observe include potential policy changes in trade agreements post-Brexit, fluctuations in dairy prices influenced by global markets, and emerging dietary preferences that could affect demand for whey products.
