Forecast: Wholesale (Except of Motor Vehicles and Motorcycles) Gross Value Added in the UK

In 2024, the forecasted Gross Value Added for the UK wholesale sector, excluding motor vehicles and motorcycles, is £95.03 billion, an increase from 2023. The projected year-on-year growth from 2024 to 2025 is approximately 3.94%, reaching £98.78 billion. Continued growth is expected, with values rising to £102.49 billion in 2026 (3.75% increase), £106.17 billion in 2027 (3.6% increase), and £109.81 billion in 2028 (3.43% increase). The compound annual growth rate (CAGR) for this period is anticipated to be around 3.67% over the five years from 2024 to 2028.

Future trends to watch include:

  • The impact of evolving trade policies and economic conditions on wholesale activities.
  • Technological advancements driving efficiency and cost reductions within the sector.
  • Shifts in consumer demand patterns influencing wholesale volumes and value.

Top Countries about Wholesaling