Key Market Indicators
British aromatics imports are projected to decline to approximately $12.6 million by 2028, down from around $13.8 million in 2023. This represents an average annual decrease of 1.5%. Since 1998, the demand for aromatics in the UK has decreased by an average of 4.7% per year. In contrast, British aromatics exports saw significant growth in recent years. In 2018, exports reached roughly $912,000, up from about $686,000 in 2017. This marks a notable 32.9% increase compared to the previous year. Despite this recent growth, the overall supply of British aromatics has been on a downward trend, decreasing by an average of 24.5% annually since 1998.
