In 2023, the import of felt impregnated, coated, covered, or laminated to the UK was at 7.678 million US dollars. Forecast data from 2024 to 2028 shows a gradual decline in import value, with a Compounded Annual Growth Rate (CAGR) of approximately -1.03%. Year-on-year variations indicate a steady decrease, reflecting a consistent downward trend over the forecast period.
- The import value is expected to drop from 7.5813 million in 2024 to 7.1992 million by 2028.
Future trends to watch include changes in global trade policies, the UK’s industrial demand for felt materials, and potential shifts in manufacturing regions affecting felt material availability and cost. These factors could further impact future import volumes and values.
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