The UK’s import of dissolving grade chemical wood pulp is projected to decline consistently from 2024 to 2028. The forecast shows a decrease from $28.311 million in 2024 to $19.022 million in 2028, reflecting a downward trend. Year-on-year percentage decreases appear to stabilize, with a consistent decline averaging around 8.66% annually over this period. As of 2023, actual imports stood above the 2024 forecast, indicating a notable downturn starting from next year.
Future trends to watch for include:
- Global economic conditions impacting UK’s demand for imported chemical wood pulp.
- Potential shifts towards more sustainable or alternative materials.
- Trade policy changes post-Brexit, influencing import capabilities and costs.
- Technological advancements in production offering higher efficiency or cost-effective local alternatives.