Forecast: Import of Yarn of Jute or Textile Bast Fibres Multiple (Folded) or Cabled to the UK

In 2023, the UK imported 208.25 thousand kilograms of yarn of jute or textile bast fibres. Forecasts from 2024 to 2028 indicate a consistent decline in imports, with projected values decreasing from 183.72 to 88.53 thousand kilograms. The year-on-year percentage change shows a downward trend, reflecting reductions of approximately 13.35% from 2024 to 2025, 15.11% from 2025 to 2026, 17.42% from 2026 to 2027, and 20.65% from 2027 to 2028. Over the five-year forecast period, the Compound Annual Growth Rate (CAGR) is around -20.34%, highlighting a significant annual decline in import volumes.

Future trends to watch for include:

  • Potential shifts in material preferences towards synthetic alternatives impacting demand for jute yarn.
  • Advancements in domestic textile manufacturing could alter import dependencies.
  • Economic or trade policy changes may accelerate or decelerate these import trends.

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