The UK's import of Stone, Plaster, Cement, Asbestos, and Mica is forecasted to rise steadily from 2024 to 2028, increasing from $2.3905 billion to $2.6118 billion. In comparison to 2023 actual figures, this reflects a sustained growth trajectory driven by an expanding construction sector and infrastructure projects.
Year-on-year import value is expected to increase by approximately 2.4% in 2025, 2.3% in 2026, 2.2% in 2027, and 2.1% in 2028. The compound annual growth rate (CAGR) over the five years, including projections, highlights a consistent growth trend around 2.2% per annum.
Future trends to watch for include potential impacts of economic policies post-Brexit, sustainable building practices affecting material demand, and possible shifts due to technological innovations in construction methodologies that could influence material import patterns.
