The forecast for the import of isocyanates into the UK indicates a declining trend from 2024 to 2028, with values dropping from 34.403 million kilograms to 32.828 million kilograms. In 2023, the imports stood at a higher volume, highlighting a noticeable decline in subsequent years.
Key points to note include:
- A consistent year-on-year decrease in import volumes from 2024 to 2028.
- Projected Compound Annual Growth Rate (CAGR) for this period indicates an average annual decline.
Future trends to watch for include sustainability initiatives influencing the reduction in polymer use, regulatory changes impacting import levels, and the effect of global economic conditions on industrial demand.
