The re-import of starter motors to the UK is projected at 19.83 thousand kg in 2024, climbing steadily to 22.38 thousand kg by 2028. In 2023, actual imports stood at 19.25 thousand kg. The forecast demonstrates an average annual growth rate (CAGR) of approximately 2.45% from 2023 to 2028.
Year-on-year growth rates highlight a gradual increase in re-import volumes:
- 2024: Reflects a 3% rise from 2023.
- 2025: A subsequent 3.3% increase.
- 2026: Grows by 3.1% further.
- 2027: Marks a 3% climb.
- 2028: Continues with a 2.8% growth from 2027.
Future trends to monitor include technological advancements in starter motors that could impact re-import demands, alongside geopolitical factors and trade policy changes influencing UK import strategies.
