In 2023, the UK imported approximately 500 thousand kilograms of carbonaceous pastes for electrodes and similar pastes for furnace linings. Forecast data from 2024 to 2028 indicate a consistent year-on-year decline, averaging a decrease of around 5% annually. This results in a projected compound annual growth rate (CAGR) of -4.4% over this period.
Future trends to watch include global shifts toward greener alternatives, regulatory changes impacting the import and production of carbon-intensive materials, and advancements in technologies affecting demand for traditional carbonaceous pastes. These factors could further influence the import trends in this sector.
