The forecast for the import of pipe fittings made of non-malleable cast iron to the UK shows a steady increase from 2024 to 2028. In 2024, imports are projected to reach 18.909 million kilograms and increase yearly, reaching 21.007 million kilograms by 2028. The year-on-year growth rate between 2024 and 2025 is approximately 2.85%, with similar growth trends projected over the subsequent years. From 2023 to 2028, this market segment is expected to experience a Compound Annual Growth Rate (CAGR) of around 2.60%.
Future trends to watch for include:
- Potential shifts in demand due to construction sector developments.
- Impact of trade policies or tariffs on import levels.
- Technological advances in piping systems influencing material preference.