Forecast: Import of Flat Glass to the UK

The import of flat glass to the UK has seen significant variations over the years. Starting from 2013, the value stood at 10.086 million square meters and saw fluctuations, reaching its peak in 2018 at 13.514 million square meters. Since then, a downward trend has been observed, with the value decreasing to 7.3071 million square meters in 2023. The year-on-year variations depict notable drops, especially in 2019, 2020, and 2021. The average annual decrease (CAGR) from 2019 to 2023 was -11.57%. The forecast suggests a continued decline, anticipating the value to drop to 3.2166 million square meters by 2028, forecasting a five-year CAGR of -12.98% and a growth rate of -50.11%.

Key future trends to watch include:

  • Potential advancements in production technologies within the UK that may further reduce import dependence.
  • Shifts in economic policies post-Brexit and their impact on trade relations and import tariffs.
  • Increased demand for energy-efficient and sustainable building materials which may influence market dynamics.

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