The UK import of maize bran, sharps, and other residues is projected to rise steadily from 2024 to 2028, with the volume increasing from 15.626 million kilograms in 2024 to 16.055 million kilograms in 2028. In 2023, the import value was below the 2024 forecast, indicating a positive growth trajectory. The year-on-year percentage growth is moderate, reflecting consistent demand in the market. Over the five-year forecast period, the average annual growth rate (CAGR) demonstrates steady supply chain stability and demand predictability for these agricultural by-products.
Future trends to watch include:
- Supply chain adaptations to economic or climatic changes affecting maize production globally.
- Regulatory changes in import policies or tariffs impacting trade dynamics.
- Developments in animal feed and bioenergy sectors, influencing demand for maize residues in the UK market.