United Kingdom: Biological Product Market 2025

Biological Product Market Size in the UK

In 2022, the UK biological product market increased by X% to $X, rising for the fifth year in a row after two years of decline. Over the period under review, consumption, however, continues to indicate resilient growth. Biological product consumption peaked in 2022 and is likely to continue growth in the near future.

Biological Product Production in the UK

In value terms, biological product production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Biological product production peaked at $X in 2020; afterwards, it flattened through to 2022.

Biological Product Exports

Exports from the UK

In 2022, overseas shipments of biological products decreased by X% to X tons, falling for the sixth year in a row after five years of growth. Over the period under review, exports recorded a noticeable downturn. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, biological product exports shrank to $X in 2022. Overall, exports showed a slight setback. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X tons), France (X tons) and the Netherlands (X tons) were the main destinations of biological product exports from the UK, together comprising X% of total exports. Ireland, Belgium, Germany, Turkey, Denmark, Japan, Chile, China, Russia and Canada lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Chile (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for biological products exports from the UK, comprising X% of total exports. The second position in the ranking was held by France ($X), with a X% share of total exports. It was followed by Japan, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Japan (X% per year).

Export Prices by Country

The average biological product export price stood at $X per ton in 2022, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 when the average export price increased by X%. The export price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X,204 per ton), while the average price for exports to Denmark ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Biological Product Imports

Imports into the UK

In 2022, imports of biological products into the UK dropped sharply to X tons, reducing by X% on 2021. Over the period under review, imports showed a pronounced curtailment. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, biological product imports contracted notably to $X in 2022. Overall, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

The United States (X tons), Germany (X tons) and France (X tons) were the main suppliers of biological product imports to the UK, with a combined X% share of total imports. China, Singapore, Ireland, Spain, Switzerland, Australia, Belgium, Japan, South Korea and New Zealand lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Singapore (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Germany ($X) and Switzerland ($X) constituted the largest biological product suppliers to the UK, together accounting for X% of total imports. Ireland, Belgium, South Korea, Japan, France, China, Singapore, Australia, Spain and New Zealand lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Singapore, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average biological product import price amounted to $X per ton, increasing by X% against the previous year. Overall, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, biological product import price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2013 when the average import price increased by X%. Over the period under review, average import prices reached the maximum at $X,550 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X,456 per ton), while the price for New Zealand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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