The import of civil spacecraft, satellites, and launch vehicles to the UK is projected to increase steadily from 28.31 thousand kilograms in 2024 to 33.1 thousand kilograms in 2028. Compared to 2023, where imports stood at approximately 27 thousand kilograms, this demonstrates a consistent upward trend.
Year-on-year import volumes are expected to rise by around 4.5% on average, with a forecasted Compound Annual Growth Rate (CAGR) of approximately 4.0% over the five-year period from 2024 to 2028.
Future trends to watch include emerging technological advancements in aerospace, possible post-Brexit tariff changes affecting import costs, and the UK’s increasing investments in space exploration that could further drive import volumes.
