The import of semi-chemical pulps of other fibrous material to the UK is projected to increase steadily over the next five years. In 2023, imports were valued at $45 million USD. Year-on-year percentage growth forecasts for 2024 to 2028 suggest a consistent annual increase. The compound annual growth rate (CAGR) from 2023 to 2028 is estimated to illustrate stable expansion, reflecting a positive trend in import volume and value.
Future trends to watch for include:
- Potential shifts in demand for eco-friendly materials influencing pulp imports.
- Economic fluctuations that may impact pulping industry costs globally."
- Trade policies affecting import dynamics in the UK market.