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Following the UK’s departure from the European Union (EU), Great Britain (GB) is now outside of the EU single market and customs union, while Northern Ireland (NI) remains within the EU single market and customs union. Currently, rules in GB closely mirror EU law.
In 2023, the cost-of-living crisis will replace COVID as the key challenge to the UK food and drink sector. Prices have increased at the fastest rate in 40 years, as the war in Ukraine, supply chain issues, and increases in energy prices make an impact.
MY2022/23 is characterized by a small decrease in rapeseed production and an increase in imports of soybean meal and oil. Total United Kingdom (UK) rapeseed area in MY2022/23 is forecast to increase by 17 percent with an anticipated yield of 3Mt per hectare, slightly below the Defra five-year average of 3.3Mt per hectare.
Food and drink production is the UK’s largest manufacturing sector. UK consumers demand products containing a wide range of ingredients, some of which cannot be sourced entirely in the UK.
The 2021 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world.