The import of bleached and clay-coated kraft paper and paperboard weighing more than 150 g/m² to the UK shows a declining trend from 2024 onward. In 2023, the actual import volume was significantly higher compared to what is forecasted for the subsequent years, which trend towards a continuous decrease. The forecast for 2024 begins at 2.1952 million kilograms, decreasing notably by each subsequent year to reach 0.41726 million kilograms by 2028. This projects a significant compound annual growth rate (CAGR) decline over the five years.
Future trends to watch for include:
- The potential impacts of evolving environmental regulations on the import volumes of paper products.
- The shift towards digital documentation reducing demand for paper in various sectors.
- Potential changes in global supply chains that could affect the import strategies to the UK.
