In 2023, the value of recovered fibre pulp imports to the UK was 2.94 million euros. The forecasted values for the years 2024 to 2028 show a steady increase, starting at 3.01 million euros in 2024 and reaching 3.32 million euros by 2028. This represents year-on-year growth of approximately 2.66% to 2.17% annually between consecutive years. The compound annual growth rate (CAGR) across this five-year period is projected to be around 2.45%, indicating a consistent upward trend in imports.
Future trends to watch for include potential impacts of regulatory changes on import tariffs, shifts in demand for recyclable and sustainable materials, and the effects of technological advancements in recycling processes, which may alter the composition and volume of recovered fibre pulp imports. Monitoring these factors will be crucial for stakeholders navigating this market.
