The re-import volume of pumps for dispensing fuel or lubricants to the UK is forecasted to decline steadily from 2024 to 2028, starting at 91.6 kilograms in 2024 and decreasing to 36.83 kilograms by 2028. This represents a declining trend, with a year-on-year decrease of 15.5% from 2024 to 2025, followed by 17.8% from 2025 to 2026, 21.3% from 2026 to 2027, and finally 26.5% from 2027 to 2028. The compound annual growth rate indicates an average annual decline over the five-year forecasted period.
Future trends to watch for:
- Technological advances in pump efficiency and alternatives may further reduce re-import needs.
- Policy changes or economic shifts impacting fuel dispensary equipment demand in the UK.
- Potential growth in sustainable energy sources reducing demand for traditional fuel pumps.
