The forecast for non-ferrous metal imports to the UK from 2024 to 2028 shows a relatively stable trend, with minor decreases only appearing from 2027. In 2023, the actual volume stood at a similar level, indicating a stagnant market. Over the next few years, no significant year-on-year variation is observed, meaning the market will likely experience a very low average growth rate (CAGR) over this period.
Future trends to watch for:
- The impact of technological advancements on reducing reliance on imports through recycling and material efficiency improvements.
- Potential trade policy changes influenced by geopolitical developments, affecting supply chain dynamics.
- Environmental regulations shifting demand patterns towards more sustainable materials.
