The import of flexible plastic tubes or hoses with fitting not reinforced to the UK is forecasted to experience a steady growth from 2024 to 2028. The volume is expected to increase from 8.1474 million kilograms in 2024 to 9.3254 million kilograms in 2028.
The year-on-year growth rate shows a stable upward trend with a consistent increase over the forecasted period. From 2024 to 2025, the import volume grows by 3.7%, continuing with similar year-on-year increments up to 2028. The compound annual growth rate (CAGR) is projected to be around 3.4% over this five-year period, indicating a robust and continuous rise.
Future trends to watch include potential impacts from changes in global supply chain dynamics, Brexit-related trade policy changes, and fluctuating raw material costs. Sustainable and recyclable plastic alternatives may also influence import volumes and warrant close observation over the upcoming years.
