The import of passenger vehicle bodies to the UK is forecasted to grow steadily from 2024 through 2028.
Here's the expected year-on-year growth rate based on forecasted values:
- 2024: N/A as 2023 data isn't provided
- 2025: 2.63% increase from 2024
- 2026: 2.50% increase from 2025
- 2027: 2.39% increase from 2026
- 2028: 2.29% increase from 2027
The compound annual growth rate (CAGR) from 2024 to 2028 would average around 2.45% annually.
Future trends to watch include potential shifts in trade dynamics due to post-Brexit regulations, advancements in vehicle manufacturing technologies, and changing consumer preferences, all of which could impact import volumes and values.
