In 2023, the UK imported 183,000 goods vehicles with spark-ignition internal combustion piston engines. The forecast indicates a steady increase in imports, reaching 227,940 units by 2028. The year-on-year variations suggest incremental growth, with a noticeable rise between 2024 and 2028. From 2024 to 2028, the compound annual growth rate (CAGR) averages at approximately 3.3%.
Future trends to watch:
- Transition to electric and hybrid vehicles may momentarily suppress demand for traditional combustion engines.
- Regulatory changes or policies promoting sustainability could impact import volumes.
- Technological advancements in emissions may stabilize the demand for internal combustion engine vehicles.