The import of machinery for finishing paper or paperboard to the UK is forecasted to decline from 264.16 thousand kilograms in 2024 to 206.53 thousand kilograms in 2028. This represents an annual decline trend, with the Compound Annual Growth Rate (CAGR) reflecting a consistent contraction. Comparing the predicted volume for 2024 with 2023, a continued downward trend is evident over recent years.
Future trends to watch for include:
- Emerging technologies that may impact both demand and machinery standards.
- Potential trade policy changes post-Brexit affecting imports.
- Increased focus on sustainable and digital solutions within the industry.