Key Market Indicators
British metal imports are projected to decline slightly to 36.8 million metric tons by 2028, down from 37 million metric tons in 2023, marking an average annual decrease of 0.1%. This recent trend contrasts with a longer-term increase, as demand has grown by an average of 1.1% per year since 2005. In 2023, the United Kingdom ranked seventh in metal imports. Belgium led the rankings with imports also at 37 million metric tons. France, Italy, and Spain followed, securing the second, third, and fourth positions respectively.