The forecasted import of crude or roughly trimmed granite to the UK indicates steady growth. In 2023, the volume stood at approximately 3.546 billion kilograms. Comparing year-on-year data, the percentage increase from 2023 to 2024 is 3.9%, continuing sequentially in the following years. From 2024 to 2025, there is a 4.0% increase, from 2025 to 2026 a 3.8% rise, 2026 to 2027 shows a 3.6% climb, and from 2027 to 2028, a 3.4% growth. The compound annual growth rate (CAGR) from 2024 to 2028 averages around 3.74% yearly.
Future trends to watch:
- Potential impact of geopolitical factors on trade routes and tariffs
- Growing emphasis on sustainable mining practices and their influence on supply chains
- Technological advancements in extraction and processing potentially affecting import volumes