The import of reclaimed rubber in primary forms or plates, sheets, or strips to the UK is projected to steadily increase from 2024 to 2028. In 2023, the volume was slightly lower than 5.7836 million kilograms. The year-on-year growth from 2024 to 2028 averages around 2.5%, signifying a consistent upward trend. The compound annual growth rate (CAGR) over these years is approximately 2.5% as well, reflecting long-term growth.
Future trends to watch for include potential fluctuations in global rubber demand affecting UK imports and advancements in rubber recycling technologies potentially impacting import volumes. Additionally, sustainability initiatives and trade policy changes could play a significant role in shaping this import trend.
