In 2023, the UK imported 5.85 million kilograms of diodes (excluding photosensitive and light-emitting types). From 2024 onwards, forecasts predict a consistent annual increase in imports, with a notable year-on-year growth of approximately 4% to 5%. By 2028, imports are expected to reach 7.03 million kilograms, reflecting a compound annual growth rate (CAGR) of about 3.85% from 2024 to 2028. This steady increase suggests a growing demand for such components within the UK market.
Future trends to watch for include:
- Technological advancements driving demand for specialized diodes.
- Supply chain adjustments amid geopolitical shifts potentially impacting imports.
- Increased focus on more energy-efficient and sustainable diode technologies.
