In 2023, the import volume of reciprocating spark ignition engines of a cylinder capacity not exceeding 50 cc to the UK was approximately 48.62 thousand kilograms. The forecasted data indicates a progressive decline from 42.29 thousand kilograms in 2024 to 18.48 thousand kilograms by 2028. This represents a year-on-year decrease of 14.5% from 2024 to 2025 and 16.7% from 2025 to 2026. The five-year compound annual growth rate (CAGR) shows an average decrease of approximately 16.1% per year from 2024 to 2028.
Future trends to watch for:
- Technological advancements in electric and hybrid engines could further reduce demand for small spark ignition engines.
- Regulatory changes regarding emissions and environmental standards might influence this sector.
- Consumer preferences towards sustainable and environmentally friendly modes of transport may expedite this downward trend.