In 2023, the sold production of ceramic household and ornamental articles in the UK was 216 million euros. The forecast data from 2024 to 2028 indicates a consistent decline, with values expected to decrease from 205.2 million euros in 2024 to 160.32 million euros in 2028. The year-on-year decline is approximately 5.6% between 2024 and 2025, stabilizing at around 6.4% from 2025 onwards. Over the five-year forecast period, the compound annual growth rate (CAGR) is projected to be approximately -6.1%.
Future trends to watch for:
- Changes in consumer preferences towards sustainability may shift demand.
- The impact of rising raw material costs and energy prices on production.
- Potential influence of trade policies post-Brexit on import and export dynamics.
- Technological advancements in production efficiency.