In 2023, the import volume of ventilating or recycling hoods incorporating a fan with a maximum horizontal side less than 120 cm to the UK was recorded at 1.7 million items. For 2024, this volume is forecasted at 1.68 million items, indicating a minor decline of 1.2% year-on-year. Further reductions are expected, with 2025 projecting 1.6699 million items, amounting to 0.05% decrease from 2024. These marginal reductions continue through 2028, with an increase in CAGR reflecting a steady regression in imports, showcasing an overall average annual decrease over the five-year period.
Future trends to watch for:
- Evolving consumer preferences towards energy-efficient hoods.
- Potential impacts of unfavorable trade policies or tariffs on import volumes.
- Technological advancements leading to smaller, more efficient hoods.
- Shifts in local manufacturing that could influence import needs.