As of 2023, the UK imported a significant volume of lighting sets specifically designed for Christmas trees. From 2024 onwards, forecasts suggest a gradual decline in imports from 7.9084 million kilograms in 2024 to 7.2546 million kilograms by 2028. This equates to a year-on-year decrease in imports of approximately 2% to 3% per year. Over the five-year period, the compound annual growth rate (CAGR) indicates an average decline in import volume each year.
Future trends to watch for:
- Potential shifts toward local production influenced by sustainability and economic factors.
- Technological advancements leading to more energy-efficient or durable lighting sets that could alter demand.
- Policy changes impacting trade agreements and import tariffs which could affect import quantities or value.