In 2023, the UK re-imported non-domestic and non-electric heat exchange units with a volume standing at 86.75 thousand kilograms. From 2024 onwards, the forecasted data shows a steady annual increase in volume: 90.39 thousand kilograms in 2024, 93.55 in 2025, 96.64 in 2026, 99.67 in 2027, and 102.64 by 2028.
The year-on-year percentage increases are as follows:
- 2024: 4.19%
- 2025: 3.49%
- 2026: 3.30%
- 2027: 3.13%
- 2028: 2.98%
The compound annual growth rate (CAGR) from 2023 to 2028 is approximately 3.41%.
Future trends to watch include potential shifts in trade policies or technological advancements that could affect production efficiency and the demand for heat exchange units. Monitoring changes in global climate policies could also impact the growth trajectory of this sector.
