The UK imported shafts, cranks, gears, and clutches valued at $2.1057 billion in 2024, with forecasts showing a gradual increase to $2.2739 billion by 2028. For context, the 2023 import value stood at $2.062 billion. The annual growth reflects modest increases, with year-on-year variations ranging from 2% to 2.5%. The compound annual growth rate (CAGR) over the five years leading up to 2028 is projected at around 1.9%, indicating steady market demand.

Future trends to watch for include:

Technological advancements in automotive and industrial machinery affecting import demand.
Potential trade policy changes post-Brexit impacting import costs and sources.
Global supply chain disruptions possibly influencing availability and pricing.