The UK is experiencing a significant decline in mould base imports from 2024 onwards, with values forecasted to decrease markedly each year. Between 2024 and 2025, there is a projected year-on-year reduction of approximately 24%, followed by an even sharper decline of about 30% in 2026. By 2027, the import value is expected to drop by roughly 42%, and a further 72% decline is projected by 2028. The five-year compound annual growth rate (CAGR) indicates a profound reduction in imports over this period.
Future trends to watch include potential changes in domestic production capacity, shifts in demand within the manufacturing sector, or emerging trade policies that could either reverse or accelerate the current downward trend in mould base imports. Industry players should also remain vigilant about substitute materials and technological advancements impacting demand.
