The forecast for UK imports of fixed electrical resistors with power handling capacity exceeding 20 watts shows a steady increase from 2024 through 2028. Starting at 381.67 thousand kilograms in 2024, the quantity rises consistently to 396.93 thousand kilograms by 2028. Comparing this to the 2023 actual figures, the trend represents a stable growth pattern with year-on-year increases observed. Looking at percentage changes, the import quantity increases by approximately 1% annually. Over the five years from 2024 to 2028, the compound annual growth rate (CAGR) averages around 0.8%.
Future trends to watch for include:
- Technological advancements increasing demand for high-power electrical components.
- Potential impacts of trade agreements and tariffs on import volumes.
- Shifts in global manufacturing bases that could influence supply chains and prices.
- Emerging applications for high-power resistors in renewable energy sectors.