The UK import of merely cut granite is projected to decrease steadily from 2024 to 2028, with values decreasing from $23.744 million to $19.633 million. This indicates a consistent downward trend. As of 2023, the import value stood slightly higher, implying the start of a declining trend. Year-on-year, this trend results in a reduction of approximately 4.5% to 5% annually.
Future trends to watch for include:
- Potential shifts in global granite supply chains that could affect import levels.
- Changes in domestic construction demands that might influence granite requirements.
- Economic policies and environmental regulations impacting import practices.