The import of expanded metal of iron or non-alloy steel to the UK is forecasted to slightly decrease from 2024 to 2028, indicating a modest downward trend. Based on the forecasted data, the value is projected to decline gradually from 2.7067 million kilograms in 2024 to 2.6146 million kilograms in 2028. This represents an annual reduction rate of approximately 1% over this period.
Future trends to watch for include:
- Potential changes in UK import tariffs and trade policies post-Brexit, which may impact import volumes.
- The increasing emphasis on sustainability and local sourcing within the UK, which may further reduce reliance on imports.
- Fluctuations in global steel supply and pricing, which could affect both production costs and import volume.
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