The import of refractory cements, mortars, and concretes (excluding graphite) to the UK is anticipated to experience a declining trend over the forecasted period from 2024 to 2028, decreasing from approximately 43.4 million kilograms in 2024 to about 38 million kilograms by 2028. This represents a year-on-year decline averaging around 2-3% annually. If we consider the projected compound annual growth rate (CAGR) over five years, the import volume is set to reduce at a rate close to 3% per annum. In comparison, the import volume was stable at higher levels around 2023.

Future trends to watch for:

Emerging sustainable construction materials may impact demand for traditional refractory materials.
Potential trade fluctuations or regulatory changes affecting import dynamics.
Technological advancements in production processes could influence domestic capabilities and import needs.