In 2023, the import volume of diesel engines for motor vehicles to the UK was 56.25 million kilograms. The data forecasts a declining trend with imports decreasing from 53.947 million kilograms in 2024 to 43.491 million kilograms by 2028. Year-on-year percentage decreases are projected to be around 5%, indicating a steady decline. The compound annual growth rate (CAGR) over the forecasted period is approximately -5.4%.
Future trends to watch include:
- The impact of UK policies promoting electric vehicles, potentially accelerating the decline in diesel engine imports.
- Technological advancements in alternative fuels impacting diesel engine demand.
- Changes in trade agreements post-Brexit affecting import volumes.