The import of motor vehicles with a diesel or semi-diesel engine less than 1,500 cm³ to the UK is projected to show a declining trend from 2024 to 2028. Starting from 83.56 thousand items in 2024, it is expected to gradually decrease to 78.7 thousand items by 2028. This represents an annual decline of approximately 1.16% year-on-year across this period.
Key trends to watch include:
- A shift in consumer preference due to environmental regulations may further impact the demand for small diesel vehicles.
- Technological advancements in electric and hybrid vehicles could accelerate the decline in diesel vehicle imports.
- The influence of any trade agreements post-Brexit on the import regulations and tariffs for diesel vehicles.