In 2023, the UK imported approximately 5.6 million kilograms of partly or wholly hydrogenated animal fats and oils. Forecasts predict a steady year-on-year increase in imports from 2024 to 2028, growing from 5.8036 million kilograms in 2024 to 6.5765 million kilograms in 2028. The consistent growth pattern suggests a compound annual growth rate (CAGR) of around 3.1%. Based on the data, imports are expected to rise by approximately 3.4% annually, reflecting a stable demand and market expansion.
Future trends to watch for include changes in consumer preferences towards healthier alternatives, potential impact due to regulatory changes, and any trade policy shifts post-Brexit that may affect import volumes in the coming years.
