In 2023, imports of non-numerically controlled machine tools designed to bend, fold, shear, or press metal stood at 3.1582 million kilograms. Forecasts predict a gradual increase in import volumes, reaching 3.1976 million kilograms by 2028. From 2024 to 2028, the Compound Annual Growth Rate (CAGR) is projected to be 0.2%. The imports show a steady upward trend with minimal year-on-year variations, indicating stable demand within the UK market.
Future trends to watch for include potential impacts from technological advancements, shifts in manufacturing demands, and changes in trade policies post-Brexit, which may affect import volumes and distribution dynamics in the industry.
