The import of wheat pellets to the UK is projected to grow steadily, rising from an actual import level in 2023 of approximately 28 million kilograms. In 2024, the import is forecasted at 29.104 million kilograms, with subsequent annual increases leading to 34.299 million kilograms by 2028. Year-on-year growth rates indicate a consistent upward trend, averaging around 3% annually, suggesting stable demand. The compound annual growth rate (CAGR) over the five-year forecast is estimated at 3.2%.
Looking ahead, key trends to watch include global wheat production levels, shifts in UK agricultural policy post-Brexit, and potential trade impacts from climate change. Continued monitoring of these factors will be crucial for anticipating future supply chain adjustments.
