In 2023, the import of waste or scrap paper and paperboard derived from mechanical pulp into the UK stood at approximately 11.395 million US dollars. Projections indicate a continuous increase from 2024 to 2028, with figures rising from 11.688 million to 12.907 million US dollars.
Year-on-year growth is steady, with percentage increases from 2024 to 2028 averaging around 1.5% annually. The compound annual growth rate (CAGR) for the five-year forecast period is expected to be approximately 2.5%.
Future trends to be vigilant about include:
- Potential policy changes on waste imports in the UK and EU.
- Technological advancements in recycling processes.
- Global shifts in paper consumption patterns.
- Environmental regulations affecting waste exports from other countries.
