In 2023, the UK imported tyre cord fabric of high tenacity polyester yarn valued at approximately 5 million USD. The forecast for 2024 to 2028 indicates a consistent decline, with values falling from 4.38 million USD in 2024 to 2.04 million USD in 2028. This represents a year-on-year decrease and can also be summarized as a compound annual growth rate (CAGR) of approximately -13% from 2023 to 2028, highlighting a substantial downward trend.

Future trends to watch for include:

Shifts in automotive industry demand toward alternative materials or technologies.
Potential trade policy changes impacting import costs or supply chain stability.
Innovations in tyre manufacturing that may reduce reliance on imported polyester yarns.