The import value of zinc powders and flakes to the UK is forecasted to decline from 2024 to 2028. Starting at $671.68K in 2024, the value decreases year-on-year to reach $600.9K in 2028. This continuous decline signifies a negative compound annual growth rate (CAGR) over the five-year period. Compared to the actual data of 2023, this marks a clear downward trend.
Future trends to watch for include:
- Shift in demand within the automotive and electronics sectors, potentially affecting imports.
- Global geopolitical changes impacting trade relations and tariffs.
- Technological advancements leading to alternatives to zinc powders and flakes.