In 2023, the import of moulding boxes for metal foundries, mould bases, and moulding patterns to the UK stood at 417.49 thousand kilograms. The forecasted data from 2024 to 2028 indicates a consistent decline, with a 2024 forecast of 386.93 thousand kilograms dropping to 265.58 thousand kilograms by 2028.
The year-on-year percentage variations reveal:
- 2025: -8.08%
- 2026: -8.63%
- 2027: -9.24%
- 2028: -10.00%
The Compound Annual Growth Rate (CAGR) over this period forecasts an average annual decrease of approximately -8.66%.
Future trends to watch for include potential shifts in domestic production capabilities, technological advancements in alternative materials, and changes in related industries such as automotive and heavy machinery which might impact demand.
