The import of carded or combed silk waste to the UK is projected to rise steadily between 2024 and 2028, starting at 1.43 million USD in 2024 and reaching 1.4585 million USD by 2028. This indicates moderate growth driven primarily by incremental year-on-year increases: approximately 0.51% annually. Although historical data for 2023 is unavailable, these forecasts suggest a stable upward trend.
Future trends to consider include:
- Potential impacts of global economic conditions on luxury goods imports.
- Regulatory changes in the UK and international trade agreements affecting import tariffs.
- Evolving consumer preferences towards sustainable and eco-friendly products, potentially influencing demand for silk waste.
