In 2023, the UK imported 3.25 million kilograms of unroasted iron pyrites and crude or unrefined sulphur. The forecast from 2024 anticipates a consistent yearly decrease in import volumes, beginning at 3.1097 million kilograms and falling to 2.537 million kilograms in 2028. Over the five-year forecast period, the compound annual growth rate (CAGR) indicates a decline of around 4% annually.
Future trends to watch for:
- Potential shifts in global demand and supply dynamics for sulphur and iron pyrites.
- Advancements in local alternatives or substitutes impacting import needs.
- Policy changes influencing trade routes and import tariffs.
- Technological updates in industrial usage affecting import volumes.