The forecast for the UK import of quartz and quartzite shows a steady increase from 2024 to 2028, with values rising from 39.567 to 46.36 million US dollars. The year-on-year growth ranges between 4.4% and 4.7%, indicating a consistent upward trend. In 2023, the import value stood at 38.0 million US dollars, reflecting the start of this positive growth trajectory. Over a five-year period, the compound annual growth rate (CAGR) is approximately 4.5%, illustrating a stable increase in imports.
Future trends to watch for include:
- Global demand fluctuations for quartz and quartzite, potentially influenced by construction and technological advancements.
- Trade policy changes post-Brexit, which could impact import regulations and costs.
- Environmental concerns and sustainable sourcing practices affecting supply chains and import preferences.