The unwrought tin import to the UK, as of the previous year, was approximately 2.9 million kilograms in 2023. The forecast for 2024 shows a decrease by 10% to 2.6084 million kilograms. By 2028, it declines further to 1.4689 million kilograms, marking a compounded annual growth rate (CAGR) of approximately -15% from 2024. Year-on-year variations highlight a steady drop, reflecting a shift away from reliance on tin imports.
Future trends to watch for include:
- Technological advancements potentially reducing the need for unwrought tin.
- Shifts in global tin production locations affecting import prices and volume.
- Increased focus on recycling and sustainability potentially decreasing new tin import demand.